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<h4>The board's role in fiscal responsibility is paramount, particularly in the difficult economic times. Learn more about fiscal management, on everything from the budget process to sound fiscal oversight and more.</h4>

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<h3><strong>FIS 101</strong></h3>
<strong>School Budget and Finance Webinar Series (2 Parts)</strong>

Part I: Virginia public school budgeting will be discussed, including roles of elected officials, fiduciary requirements, stakeholders, and budget reports. Revenue categories will be explained, including state formulas, federal funding, local funding, and tax rates.

Part II: Session two explains expenditures including enrollment, staffing, salaries, and employee benefits. Also discussed will be "odds and ends" of school division finance including audits, school activity funds, quarterly reports fund balances, and misinformation.

Paid Webinar Series- Contact VSBA to purchase

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<h3><strong>FIS 102</strong></h3>
<strong>Equitable State Funding</strong>

Virginia's economy is currently thriving! Our unemployment rate of 2.8% is the lowest it has been in recent history, and we have been recognized as the top state in America to do business. Additionally, Virginia has been designated as the 10th wealthiest state in America and finished with a significant budget surplus last year of $230,000,000. Even though the Commonwealth has experienced recovery since the Great Recession, educational funding still lags behind 2009 levels. Providing equitable educational opportunities across the Commonwealth requires a continued focus on improving State Funding for public education, especially for small and rural communities.

45 minutes- Free Webinar

<a href="https://youtu.be/2oJq1snMR1M">Available Here</a>

<a href="https://www.vsba.org/wp-content/uploads/2021/03/FIS-102-Powerpoint-Slides.pdf">To view the handouts, click here.</a>