Download presentation
Presentation is loading. Please wait.
Published byJacob Carter Modified over 9 years ago
1
Fiscal Crisis and Management Assistance FCMATwww.fcmat.org EADM 732 Fiscal Planning and Facilities Management Dr. Nicolas D. Ferguson By Cynthia J. Spence
2
How FCMAT Was Established Assembly Bill 1200 (AB1200) created FCMAT in 1991 Assembly Bill 1200 (AB1200) created FCMAT in 1991 Kern County Superintendent of Schools was selected to administer FCMAT Kern County Superintendent of Schools was selected to administer FCMAT
3
FCMAT's Mission FCMAT’s mission is to provide a wide array of business needs by providing fiscal advice, management assistance, training, and other related school business services. FCMAT’s mission is to provide a wide array of business needs by providing fiscal advice, management assistance, training, and other related school business services.
4
FCMAT’s Board One county superintendent. One county superintendent. One district superintendent from each of the state's 11 service regions. One district superintendent from each of the state's 11 service regions. The Chancellor of the Community College or his or her designee. The Chancellor of the Community College or his or her designee. One member of a community college district governing board chosen by the chancellor. One member of a community college district governing board chosen by the chancellor. A representative of the California Department of Education. A representative of the California Department of Education.
5
FCMAT’s Role If a county office reviews and disapproves a school district's annual budget, that county office may call upon FCMAT to examine the district's financial records, develop an approvable budget and/or provide other operational recommendations that will ensure fiscal stability. If a county office reviews and disapproves a school district's annual budget, that county office may call upon FCMAT to examine the district's financial records, develop an approvable budget and/or provide other operational recommendations that will ensure fiscal stability.
6
FCMAT’s Role In addition, FCMAT can respond directly at the request of a school district that may seek advice to improve management practices, business policies and procedures or organizational structure. In addition, FCMAT can respond directly at the request of a school district that may seek advice to improve management practices, business policies and procedures or organizational structure.
7
FCMAT’s Role The state, in its monitoring role, also could ask for FCMAT's assistance. The state, in its monitoring role, also could ask for FCMAT's assistance.
8
Examples West Fresno Elementary School District Compton Community College District
9
FCMAT's Billable Rate $500 per consultant, per day, plus expenses. $500 per consultant, per day, plus expenses.
10
Software Budget Explorer version 4 (BEv4) was released on Friday, 12/4/09.User-friendly and Web-based, BEv4 is simply the best software available for creating multi-year financial projections and performing cash flow analysis. And it's free! Budget Explorer version 4 (BEv4) was released on Friday, 12/4/09.User-friendly and Web-based, BEv4 is simply the best software available for creating multi-year financial projections and performing cash flow analysis. And it's free!
11
Special Education Resources FCMAT has provided special education management assistance for dozens of school districts and county offices of education across California to help them more efficiently and effectively provide the services that special education students need. FCMAT has provided special education management assistance for dozens of school districts and county offices of education across California to help them more efficiently and effectively provide the services that special education students need.
Similar presentations
© 2025 SlidePlayer.com. Inc.
All rights reserved.