How States Can Stretch the School Dollar
CSG Education Policy Task Force
Disparate Funding for Public Education Impacts
May 18, 2012
Policymakers, parents and stakeholders are demanding improvements in public education by raising metrics of academic success, pushing for progress in low performing schools, and raising the bar on teacher and leader effectiveness. Differences in funding formulas, allocations and revenue have created disparate funding across the states. These variations in spending per student impact the educational opportunities provided as states ramp up their educational reform. This session highlighted various options states can implement to address the critical budget deficits.
Presentation by Chris Tessone,
Director of Finance and Operations, Thomas B. Fordham Institute
Chris Tessone is the director of finance and operations of the Thomas B. Fordham Institute, where he is responsible for overseeing the organization's budget and endowment investments and coordinating many aspects of Fordham's strategy, operations and personnel management. He also works on specific policy projects in governance and school finance and is especially interested in pensions and teacher compensation. In addition, Chris is a Bernard Lee Schwartz Policy Fellow and edits the Stretching the School Dollar blog.
Prior to Fordham, Chris worked in the hospitality industry, including three years as an associate in the Atlanta and Paris offices of the Vagus Group, a boutique management services firm. Chris was an Education Pioneers fellow at the D.C. Office of the State Superintendent of Education during the summer of 2010 consulting on the District's financial products for public charter schools.
Originally hailing from the Land of Lincoln, Chris holds an M.B.A. in Finance and Decision Sciences from Duke University's Fuqua School of Business, where he was a Fuqua Scholar, and a B.A. in Russian with College Honors from Knox College. He and his wife live in Silver Spring, Md.