finding the right match: excelling in facility and finance navigation
TRANSCRIPT
Finding the Right Match: Excelling in Facility and Finance Navigation
Dr. Darlene ChambersSenior VP for
Programs and Services
Robert GiordanoSenior VP of Business
Development
Nathan ValletteAssociate Director of
Education Investment Group
Visit us at Booth #312
WWW.CHARTERINSTITUTE.ORG/NOV2017-FINDINGTHERIGHTMATCH
THIS SLIDE DECK IS ACCESSIBLE AT
@QUALITY_SCHOOLS #WINFORKIDS
NATIONAL CHARTER SCHOOLS INSTITUTE
4
• Facilities/Finance Landscape
• Credit Worthiness – Which Bucket Fit
• Pitfalls of Wrong Match
• Power of Relationships
• Q & A/Contact Information
Discussion Topics
Charter School Facilities Landscape
5
• Obtaining space in a
relatively short time;
• Non-traditional school setting
challenges;
• Bare bones structures without
amenities;
• Lack of space for projected
enrollment; and,
• Dramatic rise in construction
and labor costs.
Charter School Financial Landscape
6
• Termed charter contracts;
• Perception of instability;
• Need for 100% financing;
• Impact of facilities costs on
overall budget;
• Revenue interruptions;
and,
• Need for parity facilities
financing.
Which Facility Bucket Are You In?
It is time to understand where you are
financially and where you are going with your
school facility. Let’s think about this as four
separate buckets.
LeaseLease to
purchasePurchase via
bond
Purchase from
traditional
lender
NEW SCHOOL OPTIONS
EXISTING SCHOOL OPTIONS
8
• Facility capacity/size and enrollment;
• Financing for foundational years vs expansion;
• No funds for maintenance or upkeep; and,
• Becoming upside down.
The Pitfall of a Wrong Match
10
• Multi-Directional Compliance;
• Timely Document Management;
• Academic/Operational Performance; and,
• Early Issue Notification.
Teamwork Makes the Dream Work
1
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Dr. Darlene Chambers
www.nationalcharterschools.org
Robert Giordano
www.amercd.com
FOR QUESTIONS, PLEASE CONTACT:
Nathan Vallette
www.eprkc.com