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Tuesday, October 11, 2022

Basics of School Budgeting and Finance - Part 1: Understanding the Basic Education Formula (West PATTAN)*

Start Date: 10/11/2022 8:30 AM EDT
End Date: 10/11/2022 3:30 PM EDT

Venue Name: West PaTTAN

Location:
3190 William Pitt Way
Pittsburgh, PA  United States  15238

Organization Name: PASBO

Contact:
PASBO
Email: workshops@pasbo.org
Phone: (717) 540-9551

This registration page is for Part 1 (Understanding Basic Education Formula) taking place at the West PaTTAN on October 11. Visit www.pasbo.org/financebasics for other registration links if needed.

About the Series: Basics of School Budgeting and Finance (2022-2023 School Year)
 
What do Superintendents and Business Managers need to know about the budget process to effectively manage district programs, avoid fiscal crisis, and exercise fiscal responsibility?
 
Understanding how federal, state and local funds fit together within a school entities’ budget is the combined responsibility of the Superintendent and Business Manager. PASBO and PASA are pleased to offer this workshop series to develop a deeper understanding of key components of the budget plan and the specific roles of Superintendents, Business Managers, and members of the School Board to ensure a healthy and viable budget. 
 
Superintendents, Business Managers, and other District-level administrators with the district budget responsibilities are encouraged to attend as a district team. Also consider bringing a member of the School Board to increase their understanding of how the process works.

About the Workshop: Part I: Understanding the Basic Education Formula (BEF)
Check in begins at 8:30am. Program runs from 9:00am-3:30pm. Registration includes a continental breakfast and lunch.
Understanding the mechanics of the BEF formula, including all student and district weights, articulating the “share” concept behind the BEF formula, and appreciating the cumulative impact of the formula and what happens when more or less state funding is added.

  • Identifying, understanding, and explaining the trends behind each school district’s weighted student count and what it means for future BEF subsidy and state revenue.
  • Learning how to explain the BEF formula and its impact on your school district to your board and community; communicating your formula metrics and future formula metrics in an easy-to-understand manner.

Registration Fees:
Member $150/Nonmember $200

Credits:
4 CEUs = PASBO Professional Certification (PCSBO, PCSBO, PCSBS)
6 CPE Credit = Specialized Knowledge