Dr. Arthur W. Stellar was named vice president of the National Education Foundation (NEF) based upon his knowledge of school operations and his drive. This foundation assists school districts in many ways, including the acquisition of Federal QZAB funding. Stellar is also vice president of CyberLearning, a subsidiary of NEF. Stellar served as superintendent of the Burke County Public Schools in North Carolina, which was named one of the five "most productive" districts in the state by the Center for American Progress. Burke County Public Schools was also identified by Augenblick, Palaich and Associates as one of the 14 "highest achieving" and "lowest spending" districts in North Carolina. He led a financial turnaround going from a $3.5 million deficit to an $8.5 million-plus positive balance in less than two years.
-
Wednesday, September 03, 2014
The Qualified Zone Academy Bonds (QZAB) program has been in existence for 15 years, yet most superintendents know little about it. Therefore, in some states these bond funds go unused year after year until they run out of time and essentially evaporate.