finding the right match: excelling in facility and finance navigation

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

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• 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

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• 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

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• 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

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• Multi-Directional Compliance;

• Timely Document Management;

• Academic/Operational Performance; and,

• Early Issue Notification.

Teamwork Makes the Dream Work

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Dr. Darlene Chambers

dchambers@charterinstitute.org

www.nationalcharterschools.org

Robert Giordano

robert@amercd.com

www.amercd.com

FOR QUESTIONS, PLEASE CONTACT:

Nathan Vallette

nathanv@eprkc.com

www.eprkc.com