The “Strategic Financial Plan” is the long-term road map for implementing the district’s instructional priorities. A “plan of action” describes how the strategic financial plan will be translated into coherent actionable steps.
A strategic financial plan provides a three to five year perspective on how the district will pursue its instructional priorities and how success will be determined.
Roles and responsibilities for implementing the strategic financial plan should be made clear for greater accountability.
Resources have the most direct impact at school sites and should be allocated transparently and consistent with the district’s overall strategy.
A budget document needs to be well organized and also clearly lay out the challenges the district is facing and how the district’s strategies and financial plan will address these challenges.