The Financial Health Of Denver Kids, Inc. : Financial Analysis And Related Matters

In today’s society it has become even more crucial to obtain knowledge and graduate from high school. In the article “The True Cost of High School Dropouts” Henry M. Levin and Cecilia E. Rouse explain that the dropout rate imposes a heavy cost on the economy. Henry M. Levin is a professor of economics and education at Columbia University. Cecilia E. Rouse is a professor of economics and public affairs at Princeton University. She also was a member of President Obama’s Council of Economic Advisers from 2009 to 2011. This article was found on “The New York Times” and was published Jan. 25th, 2012. They begin with stating the facts and giving sources to build credibility. They then go into what is being done wrong and what needs to be done in order to improve.

Higher education in America is facing many challenges, i.e., low retention, low graduation rates and less funding. Postsecondary institutions are scrambling to remain a competitive entity within society. In order to do so, students must remain in school (Talbert, 2012). The Office of the White House states (2014), educational attainment is critical to our county’s economic success. In essence, the work force is creating more jobs requiring more education and a higher level of skill than was previously achieved. Individuals with only a high school diploma will not make into the middle class sector because of

Proper checks and balances should be in place for all preparing or handling the budget, as well as appropriate reporting and authorization mechanism (M.U.S.E., 2013).

In October 2000, the overall picture of high school dropouts had changed little since the late 1980s (Kaufman et al. 2001): For every 100 young adults enrolled in high school in October 1999, 5 had left school without completing a program; of 34.6 million U.S. young adults aged 16-24, 3.8 million—almost 11 percent—had not completed high school and were not enrolled. Some studies have shown that students in schools with a concentration of multiple risk factors (e.g., large schools, large classes, high poverty, inner city location) have less than one chance in two of graduating from high school; furthermore, the economic costs of dropping out have increased as time goes on (Castellano et al. 2001). Adjusting for 50

After watching the short film “The Middle School Moment,” and hearing the research finding of Dr. Robert Balfanz, took me by surprise on how serious the issue about kids dropping out is. I found it shocking in discovering that about 7,000 students dropped out of school everyday. Not only that but the fact that their personal lives and society play a huge role in their decisions, which schools tend to ignore. Another thing that I found interesting about the video was the prevention program that was adopted by Middle School 244 in the Bronx, and how it gave struggling students like Omarina Cabrera, the opportunity to continue their education after having issues preventing them from getting a proper education.

Since last spring, Philadelphia school district leaders have been sounding the alarm about this year’s fiscal budget. Even after months of discussions and headlines, schools have opened with fewer resources than last year. On March 28th the School Reform Commission approved a lump sum budget which showed a need for an additional $220 million in revenue in order to provide schools with same resources as the “wholly insufficient” 2013-14 school year (McCorry). There will be many inadequate funding impacts on the quality of the education. Classroom resources would be stripped to untenable levels. The district would reduce as much as $2.2 million funding to the districts’ multiple pathways to graduation program which affects estimated 300 students. Another $1.5 million could be reduced from the elimination of preparation and professional development time for teachers at the district’s high needs promise academies. The district’s building maintenance budget could have reduction in amount of $9.6 million. Schools will be cleaned less frequently as a result. Building maintenance will also be curtailed as a result. District’s school police budget could also have reduction in amount of $2.4 million. School police officer vacancies will be unfilled, leaving an additional 27 elementary schools to share an officer.

The Nevada Department of Education released a theory of action proposal stating that their strategy for improving underperforming schools will focus on staffing quality leaders and teachers, developing diagnostics to utilize and analyze data to improve instruction, upgrading educational standards to Tier 1 instruction, increasing funding, establishing trust between parents and schools, and responsible collaboration between the school district and the local schools (Nevada’s Underperforming Schools, 2015). In addition to the proposed actions, the Department also proposed

From 1972 to 2006 high school dropout rates decreased from 6.1 percent to 3.8 percent. A majority of this decline occurred between 1972 and 1990, when the rate dropped to 4 percent. However, from 1990 to 1995 there was a surprising increase in dropout rates (Laird & others, 2008). Since then there have been numerous debates and discussions on the issue of dropout rates and how to handle them appropriately. From the information above, it is very evident that the United States wasn’t directly involved with the matter. As a result, stated before, President Barack Obama made his claim towards this issue. This urged most states across the nation to raise the dropout age (Ho, 2017). In fact, a study co-authored by Alan Krueger, Chairman of the Council of Economic Advisers, found that in some states approximately 25 percent of potential dropouts stayed in school since the compulsory schooling age was moved to 18. With an additional year of schooling that 25 percent will increase their earnings by at least 7 percent when

Upon a $28 million renovation project, the State Street Elementary building is currently one of the most state of the art school buildings within Northeastern PA. Ironically, this two-story building stands in the shape of a “W” and houses nearly 1,200 students and houses kindergarten through fifth-grade and is labeled as a large suburban Title I School. Intricately, it provides full-day usage-space to the Luzerne County Head Start Program that offers services to the future students of State Street Elementary, which is a county wide support system for low income children. Although the building has only been around a few short years, it consists of historically underperforming and economically disadvantaged

Across the United States, high school students can encounter a variety of issues that hinder their ability to successfully complete course work to earn the required credits towards graduation. High schools across the United States have an obligation to ensure that students are achieving and receiving a diploma. It is also in the school’s best interest to ensure students are gradating both funding wise and for the overall school rating. When a student does not receive a high school diploma the action affects the student, community and the school. High school dropouts may find it harder to obtain a job that would provide a stable and productive income verses a high school graduate thus, the financial disadvantage in turn can cause

Every school district has board meetings throughout the school year. Unfortunately, many parents, community members, & school personnel do not attend such important meetings because they don’t realize or understand the importance of such board meetings or how informative they can be. According to Kankakee School District (2017), the Kankakee School District Board of Education is composed of seven elected members, who were elected by the citizens of Kankakee to serve a four-year term that do not receive no salary for they services, are committed to ensuring a quality of educational excellence that will enhance the opportunities and challenges facing today’s student and additional responsibilities that board members include are selection of the District superintendent, developing general polices according to wishes of the community and requirements of law, hiring school personnel based upon recommendation of the Superintendent and the Assistant Superintendent of Personnel, adopts salary schedules, approves funds to finance school operations, must adopt and review the annual operating budget for the District, and setting the property tax levy to produce adequate funds to meet the District’s financial needs ranks among the responsibilities of the Board of Education (Retrieved from https://www.ksd111.org/domain/68). For this paper, the Kankakee School District board meeting will be used, information learned from board meeting, use of

The dropout problem is not only an individual problem, but it is costly to society as a whole. Warren & Halpen-Manners (2007) explained, “high school dropouts is of fundamental social, economic, and political importance and has major implications for educational policy and practice, patterns of economic and racial/ethnic inequality, and the quality of America’s workforce” (p. 335). Coupled with that, Neild et al (2008) further argued going through the portal into adult life without high school credentials carries severe economic and employment penalties. Also, Kennelly (2007) explained “When students drop out…. the toll of the quality of life and the prosperity and competitiveness of the communities where they live and collectively across

Did you know that 1.2 million high school students drop out of school every year just in the United States alone (11 Facts)? The decrease of high school graduation rates is a fairly important issue, and there are plenty of reasons to propose a change. According to the U.S. Department of Education, the current standard dropout rate of high school students is 7.4%. High school dropouts encounter way more difficulties and challenges than a high school graduate would. An average high school drop out lacks the basic education that one needs in order to be successful in life. They are more likely to face problems dealing with financial insecurity, communication skills, and of course, educational matters. With a high school diploma, one is more likely to get hired for a job, earn a higher income, and educate oneself even further. Some possible causes of high school students dropping out include stress, boredom, family problems, pregnancies, and drugs. With that said, with every issue, there is always a solution. By taking the problem at hand and looking at it from a broad perspective, we can thoroughly identify the source of the high dropout rates of U.S. high school students. There are countless factors that may be the cause of this epidemic, but a few ideas including making learning more relevant, limiting the workload given to students, and providing mandatory classes on drugs and safe sex may possibly be a solution to this

Budgets serve five main purposes; planning, facilitating communication and coordination, allocating resources, controlling profits and operations and evaluating performance and providing incentives. The budgeting process requires both technical and interpersonal leadership skills to achieve each of these purposes effectively. The director’s memo demonstrates several short comings in the budgeting process. The director instituted the “responsibility accounting system” as a means of evaluating performance. However, the DPW director has not consulted Sam in the budget process. Sam understands that his total expenditures are impacted by relatively unpredictable events that contribute to an uncontrollable element of his cost. The

The problem is the conflicting views shared by a Board of Directors regarding the overall purpose of a budget resulted in a rejected budget proposal and a divided nonprofit organization. The Board is split between the “accountants” who view budgets as a planning and management tool and the “artists” who view budgets as a limit on creativity and mission achievement. In this analysis, I will discuss the appropriate relationship between an organization’s mission and budgeting practices. Additionally, I will examine the sources of the divide which are rooted in financial knowledge, personal interests and backgrounds. The financial implications and future of the organization will be evaluated. Lastly, I will then conclude with