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Total Credits: 1.0 including 1.0 MASBO Credit(s)
Tags: Essentials Events
This session will explore how school districts manage internal chargebacks and cost allocations to support accurate, compliant budgeting and maximize the use of restricted funding. We’ll examine common chargeback categories—such as printing, facilities use, and indirect cost rates—and discuss how to determine what is allowable versus non-allowable under various funding sources. The session will also cover strategies for allocating eligible portions of grants to administrative and overhead costs, helping districts make the most of available resources. This session is ideal for K–12 finance professionals seeking to enhance internal cost management practices and optimize the strategic allocation of limited funds.
Essential Briefing recordings are available for viewing for two years after the initial presentation. Due to this timing, it is possible that some of the information may no longer be fully accurate, and it is recommended that you follow up with the appropriate resources for any questions.
Tracey Fiereck is the Director of Business Services with Sauk Rapids-Rice Public Schools, with responsibilities include overseeing the business operations of the district, transportation, nutrition services, and buildings and grounds; duties also include annual budget preparation, negotiations, risk management, annual audit preparation, and procurement. Tracey joined Sauk Rapids-Rice Public Schools in the fall of 2020, and previously served as the Executive Director of cmERDC - ESV Region III. She spent over 20 years of her career at cmERDC, learning many aspects of school finance and operations. Additionally, she served on the Sauk Rapids-Rice School Board. Tracey earned an AAS degree in Accounting from St. Cloud Community and Technical College and continued her studies in Business Management at St. Cloud State University. She is currently serving as a Director on the MASBO Board.
