Posted by Sheridan Smith on Fri, Jul 18, 2014 @ 05:11 PM

Florida Charter Schools Required to Have Public Website with Certain Information

The Florida charter school law, HB 7009, includes a requirement that all Florida charter schools maintain public websites with certain information about their schools. The law went into effect on July 1, 2013, meaning that all schools need to be in compliance with these requirements at this time. Want to insure that you are in compliance? FCPCS has partnered with a group who can help you with a website that is affordable, easily implemented and best of all, compliant. Be on the lookout next week for information about Charter School Website Packages.

The law requires that charter schools maintain a website that enables the public to obtain information regarding the school. This information must include the following:

· School’s academic performance (there is no specific description of what information is required)

· Names of the school’s governing board members

· Programs at school

· The name of any management companies, service providers or education management corporations associated with the school

· The school’s annual budget

· The school’s annual independent fiscal audit

· The school’s most recent grade

· Minutes of governing board meetings, posted quarterly

· The meeting schedule of the school’s Governing Board

· Parent liaison contact information (this was required previously)

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Topics: public website, Florida, charter schools

Charter Schools and GASB 54 - Are you Compliant?

Posted by Sheridan Smith on Tue, Jun 28, 2011 @ 02:17 PM

Charter Schools: Time is running out for you to make sure that you have implemented the changes necessary to comply with Governmental Accounting Standards Board Statement Number 54 before your audit. This new guidance, passed in March 2009, is effective for periods ending June 30, 2011.  This new hierarchy of classifications of fund balance is intended to provide financial statement users with a more consistent method of determining a fund’s net resources, which also includes a revision to the definition of special revenue funds.

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Topics: bkhm cpas, GASB 54, charter schools