Relevant News and Articles
Deferrals, The Devil is in the Details: California K-12 public schools face a major funding crisis. Because of reduced economic activity due to the COVID pandemic and the resulting loss of state tax revenue, Proposition 98 payments for schools in California are currently being deferred from February through . . . Learn More
Guide to California’s education budget deferrals: pros, cons and costs of delayed payments: Districts won’t be reimbursed for $11 billion in spending until 2021-22(EdSource). Learn More at EdSource.org
The California Deferrals Schedule (pictured to the left) shows the LCFF payment deferrals for the upcoming year. For more information on how deferrals will directly affect your charter school or district, get your Customized Cashflow Forecast.
The Cashflow Forecast is intended to provide an estimate of how the deferrals may impact your school’s cash flow. With your provided inputs, you will receive information including when your largest negative cash balance may be and in what amount. For a sample analysis, see the sample provided to the left.
Get Your Customized Cashflow Forecast