News


Charter Currents: “One-Time” Funds Present High-Stakes Accounting Questions for Nonclassroom-Based Charter Schools

Published February 26, 2016 15:37

For the fifth year in a row, the 2015-16 state budget provided schools with substantial “one-time” funds, including both (1) a per-ADA grant for mandated costs and other one-time purposes and (2) a more restrictive Teacher Professional Development Grant. While additional funding is always welcome, these one-time funds present potentially serious challenges to nonclassroom-based schools as they seek to meet restrictive spending and budget reserve requirements. This article addresses key accounting principles and the related options that nonclassroom-based schools should consider, in consultation with their independent auditor, as they account for and report on these one-time funds...

The full version of this Charter Currents article is available to CSDC Members only. If you are an active CSDC Member, please sign into your account. If you are not a member, please click here to join or renew.


Back to News


Become a CSDC member

Gain complete access to chartercenter.org and to the ongoing operational support we provide to CSDC Members.

LEARN MORE


Not quite ready to join? We’d recommend that you…

Create a Non-Member Account

Receive announcements from CSDC and gain access to select chartercenter.org content by creating a non-member account.


CREATE ACCOUNT