Laker Schools is one of 36 districts in the state – and the only district in the Thumb – to receive a perfect fiscal indicator score of zero for three consecutive years from a company named Munetrix.
This means that the district is being very responsible with its finances, especially during changing economic climates.
Munetrix, a public sector solutions provider offering data management, analytics and reporting tools, stated the fiscal indicator scores are designed to give a quick look at how a school district is faring fiscally. The scores range from zero to 10. The lower the score, the more fiscally stable the district is.
The fiscal indicator scores are for the 2016-2017, 2015-2016 and 2014-2015 school years. They are based on the latest available audited school district data provided by the Michigan Department of Education.
“This recognition says that EPBP Lakers takes fiscal responsibility very importantly,” said Laker Chief Financial Officer Mike Klosowski. “Without the proper fiscal resources, you can’t have the adequate resources to take care of the kids, and it is all about the kids. Providing the best educational experience with the best programs happens when fiscal resources are managed properly.”
Klosowski said with the limited resources that schools are facing, it is important to look at the entire picture and make decisions on proper allocation of those resources.
“Keeping an eye on the budget and having a central office that keeps accurate information helps to verify all dollars are being managed properly and it allows for administration and the board of education to have the correct information so they can make informed decisions,” Klosowski said. “It takes an entire team effort. In my role as CFO, if I don’t have the proper support from the board of education and superintendent, then everything does not work as well. EPBP Lakers is a place where teamwork occurs to keep the district moving forward. The day-to-day work on keeping up on all fiscal responsibilities is not easy, but I take the job very seriously.”
Munetrix President Bob Kittle said the districts with a perfect score of zero for three years should be commended for their fiscal stewardship.
“At a time when all eyes are on the public sector to do more with less, school districts, with their precious cargo being children, are under even more optical scrutiny,” Kittle stated in a release. “The parents in these districts should take comfort knowing the boards and administrators hold fiscal sustainability close to their heart, which is especially important as Michigan’s overall student population continues to decline.”