Every year, auditors report on your charter school’s budgeted revenue and expense and actual data. If the variance between the two is greater than 10%, the charter must explain why. How often does your finance team review this data? Do you review more frequently than just at audit time? The budget is your “contract” with the state on how the charter plans to expend funds. We will look at sample reports that can provide good information on how to track this budget to actual data. We will review when to be concerned and when not to be, actions you may take depending on what the reports show, and budget reporting best practices. We will review which items the board has to approve (420, 240 and debt service) as well as the budget reporting used for audit reporting of overall revenue and expense budget to actual.
Charter School Success (CSS) provides Continuing Education units for TEA and TASBO certification in conjunction with their ongoing professional guidelines.
$75.00