Great Deal! Get Instant $10 FREE in Account on First Order + 10% Cashback on Every Order Order Now

Read and review the 2018–19 Budget on the Port Townsend School District Budget & Financial Reports page before completing this assignment. Note : Press releases are written in a specific style and...

1 answer below »

Read and review the 2018–19 Budget on the Port Townsend School District Budget & Financial Reports page

before completing this assignment.

Note: Press releases are written in a specific style and format. Use “How To Write A Press Release" from Forbes and “Deficit Approved in 2019–20 Port Townsend Schools Budget” from Peninsula Daily News as models to write your press release.

Imagine that you are the Chief Financial Officer of Upcountry School District #1. Your district has experienced revenue shortfalls because of decreases in state or federal funding and also due to an unanticipated need in your district. You must deliver a press release to notify your district’s stakeholders of the issues now being faced and also of your planned strategies to resolve these issues.

Write, from the perspective of the district’s Chief Financial Officer, a 500- to 700-word press release that informs your stakeholders of:

  • Context or hypothetical situation for budget cuts
  • Reasons for and amount of the funding decreases
  • Reasons for an amount of funding necessary for the unanticipated need

Include the following in your press release:

  • A brief analysis of the usual funding sources, and amounts from each:
  • Taxation
  • Tax assessments
  • Collection and other alternatives
  • A brief analysis of the underlying foundation of the district’s funding structure
  • An explanation of how the funding structure addresses:
  • Student achievement
  • Student needs
  • Educational needs
  • District’s Strategic Plan
  • Compliance with legal and regulatory mandates
  • A proposed solution to the funding shortfall and the anticipated effects on the district and schools, along with ethical reasons for making these decisions
  • A response (as the C.F.O. of Upcountry School District #1) to a direct quote from the superintendent regarding the situation that supports this statement and demonstrates the unity of leadership

Reference at least 3 scholarly sources, published within the past 5 years, other than the samples from Port Townsend School District.


Answered 1 days After Jan 15, 2022

Solution

Komalavalli answered on Jan 17 2022
112 Votes
Tighten policy and district school budget
Today's public tax policy structures are far more complex and recession-proof than they were before the Great Depression. However, the nature of this recession has forced public budget officers to classify important government functions with incomplete and volatile information and low cost.This is one of the few school communication services that has not been impacted by the cu
ent financial crisis. Many counties are eliminating whole services, decreasing staff, adding a slew of new duties, or foregoing tools and activities that have long been a part of the communications role.The fact that our district has less than two persons this year, combined with a reluctance to give up key communication activities, creates a tough balance in our district. In fact, owing to budget constraints in other areas, our office has added additional district student activity events to our schedule.
There are various places where we might seek inspiration. Staff from the district, parents, students, and members of the community are excellent places to begin. Energy savings, workload reduction, and input on services that must be safeguarded are all areas where changes might be...
SOLUTION.PDF

Answer To This Question Is Available To Download

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here