Published by the Association of School Business Officials International
Presentation of Lisa Bracken, Director of Budget Services at Fulton County Schools on two key analysis tools used by FCS to monitor Budget Activity within the District.
1.
Budget Monitoring: Raising the BAR
Talking Points
Fulton County Schools in Georgia comprises 102
schools serving 96,300 students and employing
12,300 teachers, administrators, and support staff.
Its $1.4 billion annual budget includes $878 million in
general funds, which are managed by its eight-person
budget office. School business staff members have
created and implemented tools that are used at the
school level, including a Budget Accountability Report,
launched in FY2011, and a Spending Trend Analysis
Tool, introduced in the 2014–2015 school year.
“Schools need autonomy
to make good site-based
decisions.”
Establishing the BAR
Sent to principals and their bookkeepers each month,
the Budget Accountability Report (BAR) is a snapshot
of the school’s current budget that reflects any
deficits, their causes (including exceeded budget
amounts, timekeeping errors, or departmental
mistakes), and the remaining budget percentage.
Using a two-tiered weighted system that measures
and scores each school based on deficits within a
single month as well as improvement from month to
month, the finance office provides each school with a
year-end rating ranging from “exceeds standards” and
“meets standards” to “does not meet standards” and
“additional support required.”
Did It Work?
Fulton County Schools began the BAR program in
FY2011. At year’s end, 51 of their 95 schools met or
exceeded established standards. For schools that
didn’t meet standards and needed guidance, several
steps were taken, including one or more of the
following: individual training in identified areas of
weakness; establishment of a mentor relationship
between new and experienced bookkeepers;
participation in periodic targeted professional
development classes; and weekly calls between
budget services, principals, and bookkeepers.
In addition, for each of three months, draft BARs were
sent in advance—with decreasing levels of budget
office guidance—allowing the bookkeeper to take
gradual ownership of correcting issues. This was
In This Minute
School districts benefit from well-run business offices
in many ways, but good financial management
practices should trickle down from the central office
to the school level to keep budgets more effective
and on an even keel. School business officials are
encouraged to incorporate mechanisms to measure
financial management and accountability at the
school level.