Budgeting for Expansions: A Big Topic at CCSA

Earlier this month, TEQlease Education Finance attended the California Charter School Association (CCSA) 2016 conference.   The CCSA held the four day conference March 14th-17th in Long Beach, California.

Clearly, charter school initiatives are experiencing a lot of success, as evidenced by the large number of expansions planned.  Some charters are adding grades, others are adding buildings.

Charter school expansions present unique and different budgetary challenges.  Funding a new building is different than paying for furniture which is different than acquiring technology.  We had many conversations around the basic idea of using the right source of funds to pay for the different items, or asset classes, used in the schools.

It was a great experience visiting the conference and having the opportunity to meet so many charter school professionals.  We look forward to attending in the years to come.

For those who would like to learn more about the pros and cons of using different types of funding, look for our upcoming webinar to be announced later this month.

TEQlease Education Finance is a division of TEQlease Capital, a nationwide provider of equipment lease financing solutions across all industries, including manufacturing, education, distribution, financial services, healthcare and retail organizations. TEQlease Education Finance has a unique focus on providing solutions to educational institutions. Founded in 2000, the company is based in Calabasas, California. Learn more about TEQlease Education Finance by visiting our web site here.  If you’d like to schedule a conversation with one of our education financing specialists, click here.