When I attended the Edsource Symposium last May, the head of the state board of Education, Michael Kirst, got a bit testy when audience members started asking pointed questions about “winners and losers“. Paraphrasing broadly, he said to forget the past funding formula. It is over. Stop comparing yourselves to others and stop talking about
The Long and the Short of It
Or, Don’t Use Your Credit Card to Buy Groceries (and Don’t use Bonds to Buy Technology) I was walking by Fort Point in San Francisco (you’ll know the spot from Hitchcock’s “Vertigo”). I fell into conversation with a guy who, by coincidence, was a new customer at the bank where I worked. He went on to
School Construction Law:
In Brief Lozano Smith recently posted this video on YouTube, covering changes in California school construction law. Do you need to watch it? Unless you are directly managing school district facilities and construction, probably not. But school finance leaders do need to be aware of new laws that affect their direct reports. So to save you and hour, here’s what
Make Them Cry “Uncle!”
My boss and mentor used to chastise me. “Pile work on your staff until they cry ‘uncle’ ” she would say. Is that really a valid management technique? Sounds a bit draconian. “Not at all,” she would counter. “You don’t really know if they are working at full capacity until you give them too much
Budget Advisory Committees are Hard
When the Budget Advisory Committee was approaching my boss and I would look at each other and groan in unison “Ugh BAC!” Why? It was not that we didn’t want to talk budget with the community. Hey, we’ll talk your ear off with all sorts of budget geekiness if you let us. It is because a BAC
Local Control Funding Formula: Nothing and Something
The California Department of Education has “updated” its reporting software by removing the previous revenue schedule and replacing it with, um, nothing. I am going out on a limb. I have created my own multi-year calculation. Please email me at support@fiscalshare.com if you want a copy. We are four plus months into the fiscal year,
“Dog Person” Gets Cat: Surprised by Level of Dissastifaction
I am working on a proposal to present at a professional conference next April. The topic I have chosen is career development. Thus, my blogging volume is both: 1) Temporarily reduced, and 2) HR related Why the topic of career development? Well, frankly, it is on the list of proposals they are seeking. And also,
When School Districts Borrow
This an outstanding guide to school district debt financing by Orrick, Herrington & Sutcliffe, LLP. While the guide references California law, it is useful in understanding public school finance in general. School district administrators in California function in a complex financial universe that increasingly requires familiarity with and use of sophisticated tax-exempt public finance techniques to finance
Free Washing Machine, $50
I remember reading the following story as a kid – probably in the Readers Digest. A family buys a new washing machine, so they leave the old one out front of their house with a sign “Free”. No-one takes the washing machine. So they change the sign to “Works Great, Only $50”. The washing machine
Classroom Dollars and Bad Teachers
Start with a graphic representation of a dollar bill. Divide it up to show how many cents are spent in which categories. Not a bad way to represent expenditures. Except when it is done this way: Why? Because this cartoon is not just wrong, it is dishonest. The categories of expense are a bit hard