Strategic Finance for Governors
• to understand the requirements of the SFVS
• to learn about budgets, budget setting, income and budget monitoring
• to identify sources of funding for schools
• to understand about financial reports and benchmarking data available to governors
• to be aware of governing body’s responsibilities relating to financial management and the requirements of the School Financial Value Standard.
• strategic budget setting – alignment to strategic priorities over a 3 to 5 year period
• iscuss main causes of financial uncertainty and vulnerability
• what does a strategic finance plan look like?
• finance as a strategic decision-making tool