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Cost Recovery Pricing Model

Cost Recovery Pricing Model. Cost Accounting Method used to set rates since 2009 21 st Century School Fund and University of California-Berkley’s Center for Cities and Schools Presentation at OMC conference in July 2012 Met with the Ministry in April 2013 to discuss the model

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Cost Recovery Pricing Model

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  1. Cost Recovery Pricing Model Cost Accounting Method used to set rates since 2009 21st Century School Fund and University of California-Berkley’s Center for Cities and Schools Presentation at OMC conference in July 2012 Met with the Ministry in April 2013 to discuss the model Reviewed by COSBO at their June 2013 meeting Presented at OASBO Conference May 2014 Training session for CUS Outreach Coordinators June 2014

  2. Goals • Uncomplicated to use and explain • Customizable - using individual Boards' data and policies/procedures • Uses valid, reliable and consistent data found in consolidated financials available to the public • To set Evidence Based Rates that are transparent, accountable and equitable

  3. Costs • Reflects Direct and indirect costs that are associated with activities and extended hours used for community use at schools • Adjusts for changes in costs • Allows for analysis of costs to aid in decision making

  4. Benefits • Utilizes publicly funded facilities • Supports community organizations • Reduces costs to participants • Builds partnerships that benefit students, families and communities • Increases community access to services • Promotes community engagement at schools

  5. Analytical Tools – EFIS Data

  6. By Age

  7. By Activity

  8. Strategic Questions • How to fund your Board's CUS program in times of budget constraints? • Are you using funding in a responsible manner? • Does the way you charge for facilities support the goals and policies of your Board? • Are programs and activities priced fairly and transparently?

  9. By Space

  10. Projecting by Category

  11. By Category

  12. EFIS Schedule 10C Subset of “Pupil Accommodation used in Cost Recovery Pricing Model

  13. Costs by Panel (per hour)

  14. Surcharges by Hour

  15. Explaining Components of Price

  16. Trends for Pricing Projections

  17. Inputs - Budget

  18. Budget Impact

  19. Thank you Please feel free to contact us with any questions:

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