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In addition to helping existing charter schools with their backoffice services needs, we also help new charters in the Charter Development and Implementation stages:
 
CHARTER DEVELOPMENT SERVICES:

Preparation of 3-Year  Financial Projection: All new charter  petitions require a financial projection section that includes a budget, cash  flows, startup costs, assumptions, and related data. In the current fiscal  crisis, charter authorizers will look first and foremost at your budget  projections, and it is critical that they be done correctly, in line with the  most recent state funding information, and aligned with the goals and  commitments you are making in your charter narrative.

Assistance with  Financial and Administrative Sections: We always advise that new charter  developers retain experienced legal counsel familiar with charter petition  drafting, as well as the assistance of one or more charter advocacy bodies  (CCSA, CSDC) to help you with the overall petition structure and ensuring all  required elements are provided. However, our experience in the areas of  finance and administration gives us valuable insight into the drafting of  these specific areas of your petition – as with budget development, this service is at  an hourly rate.

Overall Charter  Development Assistance (With Services Contract): In some cases, we can  provide both of the above services as well as attend all petition meetings and  additional duties at no hourly charge, in exchange for a backoffice services  contract commitment up front. Our contracts are structured so that if the  charter petition is not approved, no fee is due to DMS for the work provided –  the contract does include an additional charge for the development services, that would be paid when the charter is fully operational and receiving  funding. In general, this arrangement is only offered in circumstances where  the chances of approval are high, but we do make exceptions in unique  circumstances.

 



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