Every year your auditors report on your charter’s budgeted revenue and expense to actual. If you are off by more than 10%, you have to explain why. Are you looking at this more than at the final audit? The budget is your “contract” with the state on how you are going to expend the funds. We will look at some standardized reports that can give you some good information on how you are tracking in your budget to actual. We will review when to be concerned and when not to be, actions you may take depending on what the reports are showing and budget reporting best practices. We will have a process to review the board approved budgets (420, 240 and debt service) as well as the budget reporting used for your audit reporting of overall revenue and expense budget to actual.
Charter School Success (CSS) provides Continuing Education units for TEA, TASBO, and CPA certification in conjunction with their ongoing professional guidelines.