4 Ways K-12 Schools Can Increase Spend Transparency and Efficiency
Trying to allocate finances with increasingly limited school funding can feel impossible. But when it’s time to think about new ways to save, extracurricular subjects like music and drama don’t necessarily have to go. Instead of slashing the budgets needed for books and materials, school districts should look outward for viable solutions.
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Conquering the Accounts Payable Nightmare
School districts face urgent issues, from student safety to teacher evaluations, but perhaps the most critical problem involves mismanaged spending. Mismanaged spending can be a costly, potentially criminal, liability. For example, an audit of 42 school districts in Pennsylvania found incorrect payments of more than $8.4 million in transportation expenses. But the problem goes beyond just wasted funds.
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