CSX1804X Finance and Facilities Management
Lead Faculty: Dr. Donna Elder
Course Description
This course is designed to be an overview of facility and finance considerations for charter schools. This course is intended to offer a broader range of ideas and beginning information in the areas of charter school facilities and finance. Sources of income and financial reporting will be explored.
Length: four weeks
Cost: $525
Learning Outcomes
Upon satisfactory completion of the course, students will:
- Understand the differences between and implications of independent and dependent status, regarding the financial relationship with the authorizing agency,
- Understand the incorporation process, including the 501(c)(3) application process,
- Demonstrate knowledge of charter school finance, including SACS, start-up funding, 5-year planning budgets and budget narrative, cash flow, income and expenditures, reserve requirements, block grant and categorical black grant funding, and additional revenues and grants
- Identify the responsibilities of charter school fiscal management, including the consideration of a business manager, back office provider, and/or Chief Financial Officer,
- Prepare a plan that demonstrates how resources will be utilized and allocated beyond the initial charter year.
- Demonstrate a working knowledge of facility issues, including Prop 39, SB 740, zoning, permits, and ADA requirements.
- Demonstrate knowledge of the key elements of a Memorandum of Understanding (MOU) between a charter school and the authorizing agency, including administrative fees and charge backs.
- Prepare a plan that demonstrates how resources will be utilized and allocated beyond the initial charter year.
