K-12 spending waste

5 Uncomfortable Truths About Waste in School Spending

When educators have a need for a product or service, they face a procurement lag. By the time the purchase is researched, budgeted, evaluated, approved, and ultimately acquired, the need may no longer even exist. At the same time, budget logistics mean educators often concentrate their spending at the end of a fiscal year, simply to use up remaining dollars. Despite more awareness of these problems in procurement, increased transparency and efficacy in school spending has a long way to go. In the meantime, these 5 uncomfortable truths about school spending waste hold true: