In the current financial landscape, charter schools must focus on understanding their spending data to manage costs effectively. In this article, our President Daniel Casselli discusses how recent shifts in funding, workforce changes, declining enrollment, and inflation impact school budgets. He emphasizes the importance of delving deeper into financial data beyond basic metrics and offers practical advice on analyzing procurement processes. By uncovering the details behind budget figures, schools can better address their financial challenges and make informed decisions.
Read full article