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.
OCCS has identified measurements to evaluate the fiscal stability of our sponsored schools. Fiscal Viability Indicators are set in contract goals and include:
For more details, view our Fiscal Measurements Summary
We are a state-wide sponsor and strive to help students all over the state.
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.
Our schools serve more than 350 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.
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.
*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:
Public charter schools generally operate with just two-thirds of the per-pupil funding provided for traditional public school students, and those funds must be allocated to cover the significant costs of education, facilities and transportation. With very limited exceptions, Ohio charter schools receive no portion of local share or levy funding.