Every year, our schools ask us questions like, “How are other schools spending their student recruitment dollars?,” and “How much are other schools spending on student transportation?” While school leaders know what they have spent in the past and plan to spend in the future, they often don’t have helpful information about their peers. Additional student expense categories are covered in this post.
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Every year, our schools ask us questions like, “How are other schools spending their student recruitment dollars?,” and “How much are other schools spending on student transportation?” While school leaders know what they have spent in the past and plan to spend in the future, they often don’t have helpful information about their peers.
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School leaders often ask us about benchmarking for key spending categories – how does our spending on (curriculum) / (food service) / (security services) / etc. compare to other schools? Our breadth of school partnerships allows us to see how similar schools are allocating their dollars, and how much they are spending overall.
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Many smaller charter schools maintain a single budget managed by the Executive Director and COO; however, as schools grow, Executive Directors often choose to empower a larger group of staff members with insight – and input – into their spending plans and activities.
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Teachers and administrators need access to high-quality student data to make instructional and intervention decisions. However, getting access to this data can be a challenge in the face of staff turnover, the large number of data systems, the high volume of external data requests, and the lack of coordination among different teams.
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