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SUBJECT:
The number 1 reason charter schools fail
PRI: NORMAL
FROM:
M
marcicf@reachthehighbar.com
DATE:
2013-04-11 18:00:58
MSG_ID:
<1300024391.5829@reachthehighbar.com>
RECIPIENTS:
TO:
H
hbiden@rosemontseneca.com
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Financial problems are the single biggest threat to charter school sustainability. And \u201cwe\u2019ve always done it this way\u201d is not a GASB-compliant fiscal policy. Consult our free downloadable Recommended Checklist of Financial Responsibilities <http://pages.reachthehighbar.com/rs/thehighbar/images/FinancialRolesandResponsibilities.pdf> to help make sure the worst doesn\u2019t happen to your school. Dear R. Hunter, All across America, charter school staffers and board members are staring at spreadsheets deep into the night to hammer out budgets for 2013/14. Thankfully, a majority of those budgets will prove to be thorough, well thought-out and accurate documents reflecting the best principles of public accounting. But what if yours doesn\u2019t? Would you know? Do the members of your finance committee have things under control? Do you even HAVE a finance committee? As board members, it\u2019s not up to you to manage the day-to-day finances, but it IS your job to conduct effective fiscal oversight, and to ensure the long-term financial viability of the organization. But don\u2019t worry; we\u2019re here to help. Starting with a free download <http://pages.reachthehighbar.com/rs/thehighbar/images/FinancialRolesandResponsibilities.pdf> <http://pages.reachthehighbar.com/rs/thehighbar/images/FinancialRolesandResponsibilities.pdf> of a checklist we\u2019ve created with our colleagues at Charter School Business Management. It methodically charts out the overarching financial responsibilities of your school, plus the specific accounting, review, approval and communication tasks of: - The full Board of Trustees - The Finance Committee - The school\u2019s leadership team - The school\u2019s business manager <http://pages.reachthehighbar.com/rs/thehighbar/images/FinancialRolesandResponsibilities.pdf> R. Hunter, this checklist is an incredibly valuable guideline. It\u2019s also a great example of the kind of succinct, actionable, and charter school-specific tools, templates and dashboards you\u2019ll find throughout BoardOnTrack. So download the checklist <http://pages.reachthehighbar.com/rs/thehighbar/images/FinancialRolesandResponsibilities.pdf> and sign up for a free <http://pages.reachthehighbar.com/TrialSign-Up.html>, no-obligation trial to more fully explore the features and benefits of BoardOnTrack <https://www.reachthehighbar.com/take-a-tour.html> today. Because when the bucks stop, the buck stops with you. Fiscally yours, Marci Cornell-Feist The High Bar | Founder and CEO This email was sent to hbiden@rosemontseneca.com. If you no longer wish to receive these emails you may unsubscribe here: http://pages.reachthehighbar.com/EmailSubscription.html?mkt_tok=3RkMMJWWfF9wsRons6TNZKXonjHpfsX56%2B4qWae3lMI%2F0ER3fOvrPUfGjI4ARcVrI%2FqLAzICFpZo2FFMEuWddYdI%2BPRP.
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