Schools financial efficiency: budgeting with a 3 to 5 year plan
Information for schools about the value of budgeting with a 3 to 5 year plan, avoiding risk and making effective long-term decisions.
A video that explains some of the things school leaders can do to get the most value for money by looking to the future.
Richard Stewart from the Education Funding Agency gives details on how financial benchmarking and collaboration with other schools can improve the use of your finances and achieve better value for money.
The guide also highlights other areas you can look to for help when budgeting for the future.
In this video, Richard refers to organisations that support schools with their financial management. You can find further information and links on the schools financial efficiency: sharing best practice page.
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