Student-Based Budgeting: The Case for Transparency of District Funds Allocation

A shift is occurring in school districts across the United States, a shift from top down, centralized budgeting to student-based budgeting, also referred to as weighted student funding. According to the American Legislative Exchange Council, weighted student funding is defined as “student funding from state sources. It includes additional funds, “weights,” based on percentages of foundation funding revenue to offset the higher education costs associated with certain student and school demographics.”

Student-Based Budgeting: An Interview with Tyler Koteskey of the Reason Foundation

We sat down with Tyler Koteskey from the education sector of the Reason Foundation, a Washington D.C.-based think tank that promotes market incentives to improve education. We discussed his views on student-based budgeting, school principal autonomy over budgets, and innovative school financial management and solutions.

This App Solves an Expensive Problem for Many Teachers

Instead of spending their own money and submitting receipts and paperwork in hopes of reimbursement, teachers can just deduct it from their ClassWallet account that’s linked to the school. Since all this is done online, all transactions are fully transparent and easily trackable. ClassWallet is a financial technology company providing a spending management solution for … Continue reading “This App Solves an Expensive Problem for Many Teachers”

ClassWallet is Bringing Classroom Money Management to a School Near You

When it comes to keeping track of money for classroom expenses, collecting cash for field trips is just the tip of the iceberg. There are several common issues that every teacher faces when it comes to money, or lack of money, in the classroom. And most stem from how it’s managed. ClassWallet is a financial … Continue reading “ClassWallet is Bringing Classroom Money Management to a School Near You”