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Budgeting difficult for charter schools, too

Charter School Spirit

March 29, 2012
By Sandra Stugelmeyer - Business Manager , Lafayette Charter School

"Every time I have a great idea, someone has to bring up the budget!" says Charlie Brown. At Lafayette Charter School we have lots of great ideas and we also have a budget. At this time of the year we are very busy budgeting for the next school year. Our budget timetable requires that a budget for the following school year be board-approved by June 30, which means it must be ready for the June board meeting on the second Tuesday at 6 p.m. However, budgeting for the year beginning July 1 starts in earnest by the previous January. Already we are taking quotes for products and services, estimating enrollment numbers, anticipating revenues and calculating expenses. The school board has already seen a preliminary budget and they will review one more in May before adopting the official budget in June.



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