When do you need a Budget Amendment? During the fiscal year of a charter school, the school’s board may need to amend the school charter approved budget to reflect changes in operations, the educational programs, demographics, or enrollment since the beginning of school. Budget amendments are an essential part of the budgetary process and are … Read More
The Budget Process
One important purpose of budgeting is to provide the best possible educational opportunities for every student in an educational institution. Budgets should also reflect the administration’s ability to manage the financial affairs of the school. A budget is an outline of educational programs and services with costs affixed to specific purposes to effectively direct the … Read More