public school finance – Page 2

Tag: public school finance

Governmental Cost Recovery

I have heard the mantra again and again “we don’t make a profit” meaning, if we charge for services it’s only on a cost recovery basis. Yet I just read that Inyo COE charges a flat 7% to its charter schools for providing business services. If a charter school now receives significantly more funding under the Local Control Funding Formula,

December 25, 2013 Short URLaccounting, analysis, best practice, business, business services, Cafeteria Fund, California Schools Accounting Manual, charter school, Charter Schools, cost accounting, Cost recovery, CSAM, education, Education Code, Excel, fee for service, fund balance, government, government spending, Inyo County Office of Education, Inyo Register, lcff, overcharging, public school finance, public schools, school district, school district business, school districts, school finance, surplusAccounting, Cost Accounting, Government, Local Control Funding Formula

‘Tis the Season for…the 14-15 Budget

The California Budget Project has posted a useful article on the 14-15 budget debate, which begins with the release of the Governor’s budget on or before January 10. Also of interest on the CBP blog is their post on the budget process. And when I say that these links are useful and interesting, I mean that

December 20, 2013 Short URLanalysis, analyst, budget, budget analyst, California, career development, employee engagement, employment, government, governor's budget, hiring, local control funding formula, public education, public school finance, public schools, school district, school district business, school districts, school finance, workFinance, Government, Local Control Funding Formula, Management, Public Schools, School District Jobs

Winners, Losers and Political Sausage

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

December 15, 2013 Short URLCalifornia, Edsource Symposium, education, Education Code, government, lcff, local control funding formula, Management, Michael Kirst, public education, public school finance, public schools, school financeLocal Control Funding Formula

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

December 6, 2013 Short URLbonds, California, capitalization, capitalized equipment, common core, computers, finance, finance techniques, government, information technology, LA Unified, on-line testing, parcel tax, problem solving, public education, public finance, public school finance, school district business, school districts, school finance, standardized tests, technology iPads, testing, testsGovernment, Management, Public Schools

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,

November 7, 2013 Short URLaccounting, analysis, budget, calculation, California, California Department of Education, California school districts, CDE, Excel, government, lcff, local control funding formula, public education, public school finance, revenue forecasts, school district, school financeAccounting, Analysis, Daily Work, Data, Excel, Finance, Local Control Funding Formula

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

October 20, 2013 Short URLanalysis, bonds, borrowing, business, California, data, debt, debt financing, education, education business, education finance, finance, finance techniques, government, Herrington & Sutcliffe, Management, Orrick, public education, public finance, public school finance, public schools, school district, school district administrator, school district administrators, school district debt financing, school districts in CaliforniaFinance

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