Minnesota Charter School Lease Aid Application: 10 Tips for Smooth Sailing
Lease aid is a Minnesota state revenue essential to charter school operations since charter schools cannot issue bonds or levy taxes for building space. The application includes a review of the following: The reasonableness of the lease price based on current market values The extent to which the lease conforms to applicable state laws and rules The appropriateness of the proposed lease in the context of the space needs and financial circumstances of the charter school Lease includes sum certain cost and closure clause language All charter schools in […]
Transparency Key for Charter School Staff and Board Members to Avoid Conflicts of Interest
A conflict of interest is a situation in which an individual has competing interests or loyalties and the situation has the potential to undermine the impartiality of a person because of the possibility of a clash between the person’s self-interest and professional or public interest. Charter schools and other public entities can find themselves subject […]
Tips for Running an Effective School Board Meeting
School board members come from all backgrounds and are a reflection of the community they are serving. Your role is vital to the betterment of the educational opportunities available for the children and families you serve. Many board members come to the role without much experience in public service, let alone the ins and outs […]
Independent Contractor or Employee? Distinction is Important to Avoid IRS Woes for Charter Schools
A worker cannot be both an employee and an independent contractor at the same entity per the Internal Revenue Service (IRS) and mistakenly classifying an employee as an independent contractor can result in significant fines and penalties. Regardless of the fact that certain job duties are not part of a regular employment contract with the school, […]
Five Takeaways from the National Charter School Conference
Recently, the National Alliance for Public Charter Schools held their annual conference in Austin, Texas. We recently sat down with Senior Financial Manager Nick Taintor from our Farmington location to get his five takeaways from the panel session he participated in as a presenter at the conference.
Manage Your Charter School Workforce with One System
Your workforce is the engine that drives your school, but it is also one of your most costly assets. Our powerful workforce management suite can help your school transform how you find, manage, grow, and retain your workforce. To learn more about K-Pay contact us using the form below!