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

13%

Central Ohio

6%

Northwest Ohio

5%

Southwest Ohio

36%

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

45,000

Ohio Students Serviced

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.  

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:

Funding Comparison

Ohio Funding Resource Links

90%

of students in Brick and Mortar schools

are Economically Disadvantaged

As A Matter of Fact:

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.