Financial Management

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  • Tax

School Groups Outline 5 Key Issues Involving Tax Overhaul

The GOP rush toward major tax legislation accelerated last night when Alabama GOP Senate candidate Roy Moore lost in an upset to Democrat Doug Jones, adding to pressure on the party to notch a legislative win. In a final
2 min read
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  • Debt
  • | Financing

Interest on Tax-Exempt Debt and Loans Could Increase in 2018

Experts believe the final version of the federal tax bill that reconciles the House and Senate versions will likely pass by year's end. Details are uncertain, but it is likely that tax-exempt lending will take a hit.
2 min read

CEO Notebook  

  • Facilities
  • | Planning

On the Ground with Facilities Leaders

Our facilities colleagues have a lot to teach us. Bring them to the decision-making table sooner rather than later.
3 min read
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  • Tax

Tax Overhaul's Impact on Independent Schools Still Uncertain

The final version of the GOP tax bill will likely contain at least some new legislation that could harm the financial health of independent schools. The Senate bill, passed early Saturday morning, will next be reconciled
4 min read
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Strategies  

  • Budget
  • | Technology

Strategies: Budgeting Ed Tech with Confidence

Are teachers actually using the ed tech tools your school supports?
3 min read
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  • Accounting
  • | Risk Management

The Future of Payables

Third-party businesses support schools as payment hubs for vendors.
3 min read
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  • Endowment
  • | Salary

NBOA Research Roundup: Overtime, Endowments, Data Collection

On August 31, a federal judge in Texas struck down the Obama-era federal overtime rules that would have raised the minimum salary level for exempt employees under the Fair Labor Standards Act from $23,660 to $47,476. Man
3 min read
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  • Financing
  • | Tax

GOP Tax Reform Jeopardizes Tax-Exempt Financing for Independent Schools

Article by Jennifer Osland Hillen
4 min read
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  • Tax

GOP House and Senate Tax Plans Worry Independent Schools

Independent schools are taking a wary look at provisions of both the GOP House and Senate tax reform bills that have been proposed over the last week.
3 min read

Projections  

  • Budget
  • | Leadership

Critical Conversations

Clear demonstrations of mutual respect are the starting point to bringing faculty to the side of finding long-term financial solutions.
4 min read

CEO Notebook  

  • Budget
  • | Planning

Four Things I Want You to Know About Your School’s Participation in BIIS

A call to action in support of data-driven decision-making.
4 min read
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  • Regulatory Updates
  • | Tax

NBOA Alert: House Tax Proposal Has Significant Implications for Independent Schools

Tuition deductions, housing allowances among tax-free benefits on chopping block.
5 min read

Mission & Motivation  

  • Leadership
  • | Planning

Mission & Motivation: A Foundation of Trust

The benefits of internal leadership succession are too great for schools to ignore.
4 min read
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  • Planning

Position of Strength: A Case Study in Strategic Sustainability Planning

Drawing on extensive data analysis and in-depth, campus-wide discussions, leaders at Greenhill School are on a five-year path toward reducing costs, increasing revenue and sustaining a financially diverse student body.
11 min read
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  • Audit
  • | Tax

In Audit Roulette, the House Always Wins

From the archives: The IRS took a closer look at independent schools’ Form 990s, employee fringe benefits and more in the 2015–2016 school year.
5 min read
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  • Cash Management
  • | Leadership

Leap of Faith

This small school overcame multiple challenges and expects a bright future under a strategic partnership between the head of school and business officer, now in their third year of working together. “We both took a risk.
10 min read
  • Budget
  • | Planning

A Better Way to Benchmark: Business Intelligence for Independent Schools

A breakthrough data collection platform built by business officers for business officers is coming soon.
3 min read
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  • Accounting
  • | Leadership

Unsung Hero: Elise Murphy, The Lamplighter School

The Will J. Hancock Unsung Hero Award is given to business officers who have made extraordinary contributions to their schools and exemplify exceptional integrity, knowledge and motivation. At the end of each school year
1 min read
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  • Budget
  • | Communication

Explaining the Numbers, Building the Trust

From the archives: Financial rumors, speculation and grumbling can harm community morale. With students from nearly 50 countries, this school’s commitment to financial transparency builds trust, support and confidence am
5 min read

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