The Texas Education Agency has announced that LEAs will receive an automatic adjustment to operational minutes for the 1st – 4th six-weeks attendance reporting periods to mitigate against FSP funding reductions due to low percentage attendance rates. This will allow LEAs the opportunity to recoup funds lost due to low attendance rates likely caused from … Read More
Salary/Payroll Overview – The Total Package
Compensation An employee’s compensation is determined by their position and responsibilities along with the amount of related experience and education they’ve obtained. An organization determines what tool best fits their structure. Districts utilize Pay Scales, Pay Grades, and Pay Step Scales to assist in the Compensation Process. These scales can fluctuate from one year to … Read More
Completing Fall Time and Effort for Federally Funded Staff
Time and effort are two things we all wish we had more of, but what do they mean in federal grants lingo? You may have been asked by auditors before for “time and effort” paperwork for your federally-funded personnel. With the fall semester coming to an end, it is time to pay attention to this … Read More
Civil Rights Data Collection (CRDC) is here!
Districts may begin submitting data for the 2020-2021 school year to OCR. The portal to do so, opened up on December 13, 2021. You may submit and make changes up until the data submission period ends on February 28, 2022. What is CRDC? CRDC stands for Civil Rights Data Collection, and it is a universal … Read More
Applying for your Texas Work Commission (TWC) account
Once a Charter School has four or more employees on their payroll for more than 20 weeks, it’s time to apply for your Texas Workforce Commission (TWC) account. This means that the charter will now be obligated to report their employees’ wages to the state unemployment office and should start paying SUTA taxes. The “Status … Read More
Charter FIRST Rating: Notice and Public Hearing
Charter FIRST is the Financial Integrity Rating System of Texas (FIRST), which is detailed in Texas Education Code 39.082. The purpose and goal of having a financial accountability rating system is to ensure that open enrollment charter schools continually strive to improve the management of their financial resources and provide transparency and openly report results to … Read More
Preparing for your Year-End Audit
By now your charter school has likely begun its year-end audit process of pulling back up documentation for several areas of your business services. While no one is excited for year-end audits, there are lots of ways to lessen the burden and ensure that the audit runs smoothly. At Charter School Success, we help our … Read More
How Does My Charter’s Fiscal Risk Rating Affect Us?
Federal regulations require TEA to annually evaluate each grant recipient’s risk of noncompliance with the federal statutes, rules, terms, and conditions of their award.
Contribution to TRS: New Minimum Salary Schedule increase
Although charter schools are not subject to paying their teachers based on the minimum salary schedule, HB3 requires that open enrollment charter schools pay the state’s contribution on the portion of a member’s TRS eligible salary that exceeds the statutory minimum or the “state minimum.” Members include classroom teachers, full-time librarians, full-time counselors certified under … Read More
Federal Financial Drawdown
Federal Risk Level The Federal Fiscal Monitoring Division conducts an annual risk assessment of all charters, to determine their potential risk of noncompliance. Based upon the outcome of the risk assessment, charters are assigned a risk level of low, medium, or high. The division updates the risk assessment model annually to ensure that risk indicators … Read More