The beginning of the school year often means a temporary respite for Business Managers. The school’s last audit recently wrapped up, and the next audit is in the beginning stages of preparation. The current budget has (mostly) been worked out, and next year’s will start in November. Now might be the perfect time for you to take a break from the Business Office for an extended breather—your schedule won’t get any clearer for the foreseeable future, and vacations have definitive health and professional benefits you can’t get holed up in your office.
Q: We are a small school with 20 employees, and we fund a Health Reimbursement Arrangement (HRA) for employees on our health insurance plan to help pay for the deductible. I was told that we have to file reporting forms because of this arrangement. Based on our size, I thought we were not required to report. Did I receive bad information?
September is the month of beginnings. It’s the start of a new school year, a new volume of The Source, and—perhaps—your first year at a private-independent school as a brand-new Business Manager. Are you feeling overwhelmed? Don’t worry. We’ve made a list of the important things you should accomplish in your first few months at your new position. So congratulations, good luck, and read up on this advice for new Business Managers.