The goal and function of purchasing departments in charter schools is to provide the highest quality goods and services available within the parameters of the approved budget and in compliance with all applicable guidelines and laws. Some charter districts are a one-man or two-man operation, so it’s even more important that all checks and balances … 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