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Strategic Planning: the Key to Financial Sustainability
GUIDANCE, TOOLKIT
Setting a school budget which is informed by the school development plan (SDP) will ensure that the resources available fit in with long term plans, achieve the objectives economically and are targeted efficiently at improving the quality of educational outcomes and standards.
This practical guide aims to support schools in creating a 5 year strategic plan and recommends good practice through innovative strategies which are underpinned by sound resource planning, thus ensuring long term financial sustainability and value for money.
Using a wide range of tools this guide explains:
- How the multi-year budget should be seen as a financial expression of the school development plan
- How the educational priorities of the school determine its financial strategy
- How to manage within the limited resources available and achieve value for money
- How to manage the process of strategic planning
PDF (3.2 MB)
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