3 minute read

Better Schools Summer 2025

CFO Leadership Academy!

Attention, K-12 Principals and Central Office leaders, a CFO Leadership Academy is coming your way! At the request of school finance leaders, CCOSA is excited to partner with the Oklahoma Association of School Business Officials (OKASBO) to bring this exciting new program, CFO Leadership Academy, to Oklahoma school leaders who may have an interest in learning the role of the Chief Financial Officer (CFO) in a public school district. “With over ten CFOs leaving in the past five years, it is difficult to find qualified people who know and understand schools and their budget processes, financial planning, compliance, revenue management, and strategic financial leadership,” said Dr. Cordell Ehrich, CFO for Deer Creek Schools.

Program overview: This year-long program is designed to equip targeted school leaders (as defined below) with skills to help them learn the business side of public school finance. During the year, participants will meet in person two or three times with additional virtual meeting dates and touchpoints for the group at the CCOSA and OKASBO conferences.

Who is the target audience? Principals, Assistant Principals, and Central Office leaders in 5A and 6A districts as defined by the OSSAA basketball guidelines for district size. Applicants will need the approval of their Superintendent or supervisor to participate.

Who will lead the sessions? Participants will learn from current practicing CFOs, CCOSA, OKASBO, and other school finance experts in the state.

How to participate? Based on an application process, the program is designed to create a small group of emerging CFOs who will be prepared to step into the CFO role with the assistance of career CFOs, their fellow cohort participants, CCOSA, and OKASBO. The goal for the first class will be between 10 and 15 participants. Apply for the CFO Leadership Academy HERE on or before September 5, 2025.

What is the cost? The cost for the program is $500 to cover presenter costs, food, supplies, and other miscellaneous expenses. Twenty-five dollars ($25) will go toward an OKASBO membership for the current year.

PROPOSED MEETING DATES:

September 23, 2025: CCOSA Office in Oklahoma City

November 4, 2025: Virtual

January 20, 2026: CCOSA Office

March 10, 2026: Virtual

April 22-23, 2026: OKASBO Conference in Oklahoma City

May 28-29, 2026: CCOSA Conference in Oklahoma City

COURSE SCHEDULE AND TOPICS (proposed):

  1. Introduction to School Finance and the Role of a CFO

  2. State and Federal Funding Sources

  3. Budget Development and Management

  4. Bond Funds and Capital Projects

  5. Payroll, Compensation, and Benefits

  6. Revenue Generation and Alternative Funding

  7. School Finance Law and Compliance

  8. Purchasing, Procurement, and Vendor Contracts

  9. Data-Driven Financial Decision-making

  10. Preparing for Financial Audits and Accountability

  11. Crisis Management and Financial Leadership

  12. Capstone Project and Panel Discussion With CFOs

We hope you will consider this program as we work to build a cadre of well-trained school financial officers in the state. If you have questions regarding this program, please contact Dr. Pam Deering, CCOSA/OASA Executive Director, at deering@ccosa.org, Amanda Burchfield, OKASBO Executive Director, at info@okasbo.org or Dr. Cordell Ehrich, CFO, Deer Creek Schools at cordellehrich@dcsok.org.

You may also call the CCOSA office at (405) 524-1191 or the OKASBO office at (405) 237-8306.

This article is from: