Carrying out a school budget review that takes into account financial challenges and the impact of the National Funding Formula (NFF), is a big task for financial managers. In this recorded webinar Julie Cordiner, accountant and independent consultant for school funding and education finance takes you through:
- Financial challenges, financial leadership and the need for early action
- Generating commitment – review leadership, engagement, capacity
- Assumptions about future funding
- High-level assessment – areas of maximum potential, prioritising for efficiency, income generation and aligning with improvement plans
- Quick wins versus long-term changes
- Structuring your review - VFM questions
- Cultural issues and how to tackle them