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Managing an Unassigned Fund Balance: An Overview

Managing an Unassigned Fund Balance: An Overview

As part of a school district’s financial management, maintaining a reasonable unassigned fund balance provides a safety buffer for unforeseen expenses or revenue shortfalls. This is vital as it helps ensure adequate cash flow to cover the ongoing cost of operations. Managing these funds entails a strong understanding of their
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School District Audit Readiness Checklist

School District Audit Readiness Checklist

Last updated on July 3rd, 2024Putting in the time and effort to prepare for an audit can help your district facilitate a smooth process that saves time and money; leads to a reliable and objective audit report; and helps detect and rectify potential issues before the audit begins. Here’s a
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Registered Apprenticeship Programs (RAP) for Teachers Are Making the Grade

Registered Apprenticeship Programs (RAP) for Teachers Are Making the Grade

Last updated on June 13th, 2024In 2021, New York became one of the first states to approve a Registered Apprenticeship Program (RAP) for K-12 teachers. Three years later, RAPs are growing in number, with a variety of support and resources available to get programs off the ground and reap their
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Navigating the 2024-2025 Budget Season

Navigating the 2024-2025 Budget Season

As if the annual budget season for school administrators and Boards of Education (BOE) isn’t challenging enough, a lack of information about the final New York state budget’s impact on Foundation Aid and the hold harmless (also referred to as save harmless) provision, along with enrollment challenges and the pending
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2024-2025 NYS Regents State Aid Proposal: The Top 10 Line Items for New Funding

2024-2025 NYS Regents State Aid Proposal: The Top 10 Line Items for New Funding

Last updated on February 13th, 2024In December, the New York State Board of Regents unveiled its proposed budget and legislative priorities for 2024-2025. Priorities focus on supporting lifelong learning, academic success, and improved outcomes; advancing equity, excellence, and access; and rebuilding the Department’s ability to support districts, teachers, students, and
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Does Your District’s Cell Phone Policy Go Far Enough?

Does Your District’s Cell Phone Policy Go Far Enough?

It is estimated that 80% of school districts in the U.S. have some type of cell phone policy. Is yours going far enough? We enter 2024 with hundreds of lawsuits filed on behalf of children and school districts against social media behemoths for purportedly fostering addiction among young users of
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Are Your District’s Students (and Families) Eligible for a Monthly Discount on Internet Services?

Are Your District’s Students (and Families) Eligible for a Monthly Discount on Internet Services?

We want to make sure you’re aware of a benefit that may be available to families of students in your district: a monthly discount on Internet services (plus other perks) via the FCC’s Affordable Connectivity Program. Put simply, anyone whose child is eligible for a free and/or reduced price school
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Teacher Pay Penalty Is Getting Worse

Teacher Pay Penalty Is Getting Worse

Last updated on November 17th, 2023In 2022, public school teachers made 26.4% less than professionals with similar educations, a rate that hasn’t been seen since 1960, according to a report by the Economic Policy Institute (EPI). (Allegretto, Sylvia. “Teacher pay penalty still looms large.” September 29, 2023. https://www.epi.org/publication/teacher-pay-in-2022/#epi-toc-9.) According to
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Times Herald Record Readers Choice Winner 2021

Voted Best Accounting Firm
in the Region!

Voted Best Tax Preparers
in the Region!

Voted Best Financial Planners
in the Region!

Voted Most Innovative
Work Place!

Voted Best Overall Employer

Lake Katrine Office Temporarily Closed

The Lake Katrine office location will be temporarily closed for the next few months due to office renovations. All Lake Katrine employees can still be reached at the LK phone number, email and other office locations! Thank you for your patience & looking forward to serving you from our newly updated office space!

Map of Qualified Census Tracts (QCTs)

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