By Christine Erntson, marketing and communication coordinator
March 15, 2021 | 5 p.m.
PACT Charter School has earned the 2019 Minnesota Department of Education School Finance Award for its fiscal year 2018 financial results. Congratulations to our Executive Directors, PACT staff, and the PACT Board of Directors for this prestigious honor. Their tireless effort toward financial management while providing exceptional opportunities for our students has not gone unnoticed.
The School Finance Award is awarded annually by the Minnesota Department of Education, Division of School Finance, to recognize schools for meeting statutory deadlines for submitting audited fiscal financial data and reporting criteria. MDE reviews publications, audit reports, and numerous financial data pieces, and the school must demonstrate compliance with Minnesota statutes, accuracy in financial reporting, and zero or positive balance in their general fund, food service, community education, and debt service accounts. There was no application process for the award.
PACT has received this award seven times since 2006.