Tag: public schools

A Different Approach to Hiring?

Over the years I have hired a some stars and some near misses as well.  Upon reflection my hires generally fall into four groups: Intelligent, motivated, with great interpersonal skills (IQ, MQ, EQ).  These are our stars, who are promoted quickly. Intelligent, motivated, with poor interpersonal skills (IQ, MQ).  Despite their talents and eagerness, they irritate their fellow workers. 

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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,

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‘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

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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

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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

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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

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