Facilities Planning Options & Lessons Learned from Schools

Friday, March 19, 10:00 am–10:50 am

Securing a permanent home for your charter school can be challenging, but it is critical for long-term stability! We will provide an overview of charter school facility planning and will discuss the challenges schools face when completing major facility upgrades or acquiring a permanent facility, how to plan for a facility change, financing options and what lenders commonly look for, as well as major pitfalls and challenges to avoid.

Topic: Operate - Facilities
Additional Audience(s): Board Members, Business Managers, Charter School Leaders, Developer Summit
Level: All

Presented by

Kristin Dietz Kristin Dietz, EdTec Inc.

Kristin Dietz has worked with charter schools for over 25 years in roles as auditor, CFO of a nonprofit organization operating eight schools, and founding CEO of a high-quality back office organization. In 2014, her company merged with EdTec, Inc. an exceptional back-office service provider supporting charter schools since 2001. Kristin serves as VP of Client Management and Financial Compliance, working with charter schools in California, Nevada and New Mexico. Kristin holds a BS in Business Administration from California State University, Northridge and is a Certified Public Accountant licensed in California.

Kelly Ellis Kelly Ellis, edtec

Kelly Ellis is currently a Director of Client Management at EdTec. At EdTec, she has spent the last half a dozen years supporting both large CMOs and small single site charters with financial management and analysis, budgeting, facilities financing, strategic planning, and compliance reporting. Prior to EdTec, Kelly worked as a Manager on the Education Finance Team at Pivot Learning Partners and as an elementary school teacher. Kelly holds a Master of Public Administration, Finance from NYU’s Wagner School of Public Service and a BA in Business Administration from the University of San Diego.

Bob Moore Bob Moore, Valley International Preparatory High School

Bob is an attorney that has practiced law, worked as a corporate controller and served as the head of a state education agency. He assisted in obtaining a charter for VIPHS because his son was going to attend the school. He was a founding board member and joined the staff so that he could work on a daily basis with the school's leadership to ensure that the school continued to provide unique learning opportunities for students.

John Phan John Phan, Campanile Group

John provides fiduciary advisory services to charter schools seeking facility financing. He analyzes and evaluates the financing options available for charter schools, which include: commercial loans, bond financing, tax-exempt loans, NMTC loans, CDFI loans, lease-to-own, etc. He helps secure and manage the financing, as well as negotiate the terms and interest rates with the underwriter/lender on the school’s behalf. Since 2014, John has completed over 50 short and long-term financings for charter schools totaling over $900 million. These projects have ranged from short-term preconstruction notes to long-term start-up school financings.