KENT STEPHENS MBA, Management Consultant

KENT STEPHENS MBA, Management Consultant KENT STEPHENS MBA, Management Consultant KENT STEPHENS MBA, Management Consultant

Welcome to KentStephens.com

Welcome to KentStephens.comWelcome to KentStephens.com

Get to know me!

Services

Kent has adopted an innovative  and creative leadership style in promoting organizational  transformation and strategic development. He assists clients in organizational behavior assessments, marketing strategies, system development and general business planning. Kent has designed  comprehensive compensation and defined-contribution plans.  Mr. Stephens earned a Utah Real Estate License in 2005 (inactive) and and has extensive experience in school construction planning, budgeting, and management. He has issued or refinanced more than $1.8 billion in general obligation, QZAB, and pension bonds, and had oversight for four separate capital improvement programs totaling nearly $2 billion. Kent has also owned and  operated an internet-based retail store and understands the principles of website marketing, organic Search Engine Optimization, and E-commerce.


We specialize in education and public sector organizations and can assist you with:


  • Bond Election Planning  
  • Bond Issuance Strategies  
  • Budget Review  
  • Business Planning       
  • Organizational Behavior Assessment                                  
  • Organizational Design                                                             
  • Compensation Design                                  
  • Defined-Contribution Plans  
  • Construction Planning  
  • Construction Management  
  • Public Relations                                          
  • Risk Management  
  • And More


Please contact us for more information and let us know how we can assist your organization.

Professional Experience

Kent advised state leaders, legislators, superintendents, college presidents, trustees, and community officials for almost 30 years in California, Oregon, and Utah as a chief business officer (CBO). He most recently served as deputy superintendent for San Juan Unified, one of California’s largest school districts. Previously he served as vice president of Hartnell College in California. He also was the CBO at Lane County Office of Education in Eugene, Oregon, and Salt Lake City School District. While in Oregon, he was appointed by the governor to represent all 165 school districts on the state’s Best Business Practices Advisory Committee.He was charged with oversight for all traditional school business and operational functions, including finance, budgeting, purchasing, nutrition services, student transportation, facility management, risk management, and technology. Additionally, Kent handled public financing (bonds) and large capital improvement plans. Kent has been active in the Association of School Business Officials and The Council of Great City Schools. He served on several governing boards for California Joint Power Authorities in California with oversight for insurances, risk management, and technology. He is a member of the Northern California School Business Executives. He earned a Bachelor of Science with an emphasis in finance and a Master of Business Administration with an emphasis in strategy from Brigham Young University. 


Deputy Superintendent/Chief Business Official
San Juan Unified School District, Carmichael, California, 2011-2021
Public K-12 School District, serving 50,000 students at 70 neighborhood and charter   schools
$480 Million General Fund Budget, $760 Million Total Budget 5,000 Employees
 

Vice President
Hartnell College, Salinas, California, 2009-2011
Public Community College District, serving 13,000 students at 3 sites
$50 Million General Fund Budget, $120 Million Total Budget
600 Employees
 

Chief Financial Officer
Medford School District, Medford, Oregon, 2006-2010
Public K-12 School District, serving 12,200 students at 21 sites
$101 Million General Fund Budget, $220 Million Total Budget
1,200 Employees


Business Administrator/CFO
Salt Lake City School District, Salt Lake City, Utah, 2001-2006
Public K-12 School District, serving 24,000 students at 38 sites
$160 Million General Fund Budget, $250 Million Total Budget
3,000 Employees

 

Achievements:
 

  • Managed turnaround of $200M capital improvement plan, turning $20M deficit into $8M surplus.  Developed construction management strategies, accelerated  project completion timelines, managed project-scope, maximized in-house  expertise, renegotiated contracts, and increased project resources  through cash management and bond issuance structure strategies.  
  • Restructured  previous bond issuance plan to save tax payers an estimated  $180,000,0000 in borrowing costs.  Hired professional Financial Adviser,  implemented multiple sale strategy, maximized cash flow, reduced tax  burden and eliminated need to sell costly deferred-interest bonds.   
  • Issued  $40M in pension obligation bonds, reducing interest costs charged by state system and saving district operating funds $700,000 annually.  
  • Boosted  fund equity balances by over 100%, from $4.3M to $8.7M, in two years.   Also adopted business practices to reserve an additional $4M to  strategically plan for future initiatives and provide program  sustainability.  This stability, along with the demonstration of strong,  competent fiscal management convinced two major bond rating agencies to  improve district ratings.  
  • Developed  new, transparent budgeting processes, providing Board of Directors with  comprehensive monthly actual-to-projected reports and significantly  reducing end-of-year waste by allowing sites to carry forward unspent  resources.  
  • Appointed  by Oregon State Superintendent of Public Instruction  as only school  business official, representing 200 districts statewide, to serve on District Best Business Practice Advisory Committee.   This legislatively created committee is charged with developing best  business practice standards and criteria for state audits. 
  • Negotiated  with fellow Tax Entity Committee members to restore previously diverted  urban renewal tax proceeds to the district, eventually increasing  revenue by more than $1M annually. 
  • Increased  general fund equity balance by 30% (from $15M to $20M) to improve  financial position in Salt Lake City and maintain AAA bond rating.


 

Education

 Education

Master of Business Administration
Brigham Young University, Provo, Utah
Organizational Design and Strategy
Beta Gamma Sigma
 

Bachelor of Science
Brigham Young University, Provo, Utah
Finance and Business Composition
 

Life Insurance License
Utah and California



Professional Associations
 

Association of School Business Officials, International (ASBO)
Registered School Business Administrator


Northern California School Business Executives

Member


California Association of School Business Officials

Member
 

  

Contact Us

Kent Stephens
kent.stephens1@gmail.com
            Telephone: 801-699-6338
           

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