Assignment Content
Read and review the 2018–19 Budget on the Port Townsend School District Budget & Financial Reports page
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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
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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
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Reference at least 3 scholarly sources, published within the past 5 years, other than the samples from Port Townsend School District.
SAMPLE SOLUTION
Upcountry School District #1 Faces Funding Challenges due to State Revenue Shortfalls
Los Angeles, CA.-State revenue collections for the financial year 2020/2021 were at an all-time low due to the impacts of the | PLACE YOUR ORDER NOW AT writtask.com | for essential services continues to be adversely affected due to budget cuts. The Upcountry School District #1 will also be affected by the current financial situation by a drop in expected funds for the 2021/2022 financial year. Although the school district has experienced funding cuts in the past, the current situation will be worse, with a decline of about 120 percent from the past financial year’s | PLACE YOUR ORDER NOW AT writtask.com | immediate rezoning schools and budget capping for some activities and programs such as the arts and English Language…