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How schools can reduce financial risk

from District Administration Magazine

School districts across the country face persistent financial challenges. Even as they try to allocate more resources for the classroom, state and local financial struggles limit available funds and increase the pressure on districts to get more done with less. Still, at a time when financial responsibility should be paramount, misconduct remains far too common. As education vendors seek out Title I funds, E-Rate rebates and other grant funds for district projects, the pressure increases. Unfortunately, many districts lack administrative staff capable of vetting vendors and scrutinizing invoices — increasing the risk of wasting resources on unscrupulous vendors. more

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