{"id":1922,"date":"2020-04-15T23:59:57","date_gmt":"2020-04-16T06:59:57","guid":{"rendered":"https:\/\/grandcanyoninstitute.org\/?p=1922"},"modified":"2020-04-17T16:11:54","modified_gmt":"2020-04-17T23:11:54","slug":"case-studies-best-practices-in-charter-school-financial-management","status":"publish","type":"post","link":"https:\/\/grandcanyoninstitute.org\/research\/case-studies-best-practices-in-charter-school-financial-management\/","title":{"rendered":"Case Studies: Best Practices in Charter School Financial Management"},"content":{"rendered":"<p>With support from the Arizona Community Foundation, GCI has developed a series of case studies to highlight \u201cbest\u201d practices employed by four financially and academically performing charter school organizations. GCI presents these case studies as exemplars for consideration by other current and future charter schools for replication.<\/p>\n<p>The sustainable practices GCI has documented are not all specifically financial, but all have financial implications. They include:<\/p>\n<ul>\n<li>Community-based school designs provide for engagement of families and other stakeholders.<\/li>\n<li>Professional development and competitive compensation enhance retention.<\/li>\n<li>Debt management and cash flow monitoring protects classroom spending.<\/li>\n<li>Vigilant management of borrowing protects net income.<\/li>\n<li>Competitive procurement processes strengthen outcomes and encourage public confidence.<\/li>\n<li>Financial transparency provides accountability.<\/li>\n<li>Sound governance and community oversight strengthens the organization.<\/li>\n<li>Nonprofit ownership of property and assets enhances sustainability.<\/li>\n<li>Addressing achievement gaps requires time and resources.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>With support from the Arizona Community Foundation, GCI has developed &hellip; <a href=\"https:\/\/grandcanyoninstitute.org\/research\/case-studies-best-practices-in-charter-school-financial-management\/\" class=\"more-link\">Read more<\/a><\/p>\n","protected":false},"author":4,"featured_media":1917,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[61,12],"tags":[142,30,140,141,143],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Case Studies: Best Practices in Charter School Financial Management - Grand Canyon Institute<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/grandcanyoninstitute.org\/research\/case-studies-best-practices-in-charter-school-financial-management\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Case Studies: Best Practices in Charter School Financial Management - Grand Canyon Institute\" \/>\n<meta property=\"og:description\" content=\"With support from the Arizona Community Foundation, GCI has developed &hellip; Read more\" \/>\n<meta property=\"og:url\" content=\"https:\/\/grandcanyoninstitute.org\/research\/case-studies-best-practices-in-charter-school-financial-management\/\" \/>\n<meta property=\"og:site_name\" content=\"Grand Canyon Institute\" \/>\n<meta property=\"article:published_time\" content=\"2020-04-16T06:59:57+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-17T23:11:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/grandcanyoninstitute.org\/wp-content\/uploads\/2020\/04\/Overview-photo.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"454\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Dave Wells\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Dave Wells\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/grandcanyoninstitute.org\/research\/case-studies-best-practices-in-charter-school-financial-management\/\",\"url\":\"https:\/\/grandcanyoninstitute.org\/research\/case-studies-best-practices-in-charter-school-financial-management\/\",\"name\":\"Case Studies: Best Practices in Charter School Financial Management - Grand Canyon Institute\",\"isPartOf\":{\"@id\":\"https:\/\/grandcanyoninstitute.org\/#website\"},\"datePublished\":\"2020-04-16T06:59:57+00:00\",\"dateModified\":\"2020-04-17T23:11:54+00:00\",\"author\":{\"@id\":\"https:\/\/grandcanyoninstitute.org\/#\/schema\/person\/86bb16faf526a9b40eb4219437857694\"},\"breadcrumb\":{\"@id\":\"https:\/\/grandcanyoninstitute.org\/research\/case-studies-best-practices-in-charter-school-financial-management\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/grandcanyoninstitute.org\/research\/case-studies-best-practices-in-charter-school-financial-management\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/grandcanyoninstitute.org\/research\/case-studies-best-practices-in-charter-school-financial-management\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/grandcanyoninstitute.org\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Case Studies: Best Practices in Charter School Financial Management\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/grandcanyoninstitute.org\/#website\",\"url\":\"https:\/\/grandcanyoninstitute.org\/\",\"name\":\"Grand Canyon Institute\",\"description\":\"GCI\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/grandcanyoninstitute.org\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/grandcanyoninstitute.org\/#\/schema\/person\/86bb16faf526a9b40eb4219437857694\",\"name\":\"Dave Wells\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/grandcanyoninstitute.org\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/60876ef2165f0f24b58b2ca3fc3dcbce?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/60876ef2165f0f24b58b2ca3fc3dcbce?s=96&d=mm&r=g\",\"caption\":\"Dave Wells\"},\"url\":\"https:\/\/grandcanyoninstitute.org\/author\/dwells\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Case Studies: Best Practices in Charter School Financial Management - Grand Canyon Institute","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/grandcanyoninstitute.org\/research\/case-studies-best-practices-in-charter-school-financial-management\/","og_locale":"en_US","og_type":"article","og_title":"Case Studies: Best Practices in Charter School Financial Management - Grand Canyon Institute","og_description":"With support from the Arizona Community Foundation, GCI has developed &hellip; 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