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The Bottom Line

    SUGGESTED READING

    Three FAQs About ESSER Funds
    Three FAQs About ESSER Funds
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    How States Count Students to Determine Funding
    How States Count Students to Determine Funding
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    civilrights
    "I don’t see what school finance has to do with equity."
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    deficit

    Streamline District Spending by Offloading Ineffectual Programs

    A vital function of the annual school district budgeting process is to identify programs and expenditures that are no longer viable. Re-investing the savings from such programs can help districts to meet student and district needs or launch promising new initiatives. Discontinuing self-defeating programs, ones that receive negative press, or...

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    Pop Quiz: Four Questions to Gauge Per-Pupil Spending

    As districts across the country prepare themselves to report out on the requirements of ESSA, many districts are focusing much of their attention on how they are spending on a per-pupil basis. For many districts, this is a new way of budgeting, so this post includes some guiding questions to lead your efforts into early analysis of per-pupil...

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    deficit

    Successfully Managing Budget Expenses Throughout the Year

    Healthy budget management habits for school districts should include mindfully managing expenditures, and keep the budget aligned with the district’s strategic plan. However, for many districts, managing spending throughout the year is a stressful and arduous task. How can a district successfully manage expenditures? Read on for best practices...

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    Conducting Mid Year Budgeting and Spending Reviews

    Ideally, midyear budget and spending reviews are part of a more frequent financial review cycle to ensure dollars are spent strategically and school districts are not over or underspending at the end of the year. Unfortunately, many school districts fail to conduct regular financial reviews because the process is often time consuming. This...

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    spooky

    Trick or Treat? What's Lurking in Your School Finances?

    While you're digging up last year's costume from the back of your closet, we thought we'd do some digging of our own. Last year, we dispelled the top three fears we heard from superintendents, chief financial officers, and budget managers from around the country. In case you missed it, read our suggestions on finally conquering your finance...

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    The Importance of Personnel Costs in Deficit Analysis

    Personnel is a sensitive subject. It is crucial to acknowledge upfront that any discussion about personnel has the potential to be a difficult conversation because when you hear finance, deficit, and personnel in the same sentence, it usually creates a sense of fear that layoffs could be coming.

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    4 Spending Mistakes You're Probably Making at Your School or District

    Flashback to the weeks just before this last school year ended. Do you feel like your budget and spending helped your school in the best way possible? Or do you maybe wish you did one or two things differently?

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    5w

    The 5Ws of Year End Financial Reviews

    It’s hard to believe another school year is coming to a close. This time of year, as districts across the country are planning graduation ceremonies and buttoning up classrooms for the summer, they often “just keep swimming” rather than taking the time to look back at the fiscal year and see how they performed. Financial review is key to this...

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    Grant Managers Know Best

    Grant Managers Know Best

    Federal Grant Managers are trained to be some of the most organized and meticulous workers in a school district. This department is tasked with tracking each grant expenditure down to not just the school level, but the program level as well, and then reporting the outcomes of that expenditure back to the federal government so as to qualify for...

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