Our Services
The Fiscal Oversight Department routinely monitors the performance and outcomes of sponsored schools in accordance with Ohio law and expectations set forth in charter contract.
Fiscal Accountability Standards
OCCS has identified measurements to evaluate the fiscal stability of our sponsored schools. Fiscal Viability Indicators are set in contract goals and include:
- Total Margin
- Assets to Liabilities
- Days Cash on Hand
- Enrollment Trends
- Five Year Forecast Projections
- Financial Audit Results
For more details, view our Fiscal Measurements Summary
Our portfolio of students includes:
13%
Northeast Ohio
16%
Central Ohio
7%
Northwest Ohio
57%
Online Learning
Statewide
We are a state-wide sponsor and strive to help students all over the state.
OCCS FISCAL SUPPORT
Fiscal Presentations offered at previous OCCS Board Trainings.
Fiscal support is offered to all OCCS schools by monitoring monthly financials and enrollment records and reviewing annual financial audits and forecasts. OCCS will advise of financial best practices and provide training in the area of school funding. OCCS will also attend board meetings as necessary to aid in understanding of the school’s fiscal situation.
Find your Community School's Five-Year Forecast
27,000
Ohio Students Serviced
by OCCS Since May 2018
Our schools serve over 450 Drop-Out Recovery students helping at-risk young adults graduate and find jobs and careers to fulfill their lives and become productive members of society.
OHIO COMMUNITY SCHOOL FUNDING
Each community school student in Ohio receives a base Opportunity Grant of $6,010. There are additional funding levels for other demographic factors of a child such as special education needs.
Funding Model for FY18 and FY19
*The current funding formula is based on the implemented provisions of Am. Sub. H.B. 49 (the FY2018-2019 budget bill).
See how funding in OCCS Community Schools compare to those of Traditional Districts in their area:
Ohio Funding Resource Links
92%
of our Brick and Mortar schools
include Economically Disadvantaged Students
As A Matter of Fact:
If a student chooses to leave one traditional public school for another public (charter) school, funding goes to the new school, which is now responsible for educating that student.