Strengthening School Leadership, Part 2: Budgeting & Resource Management

School Business Insider

Financial uncertainty is a constant challenge for school business officials, but how districts respond to it can determine long-term success. Instead of simply reacting to budget shortfalls, SBOs must take a strategic approach to resource allocation and financial planning. In this episode, Jonathan Travers, President & Managing Partner of Consulting at Education Resource Strategies (ERS), shares insights on managing financial uncertainty, using return on investment to guide budgeting decisions, and building long-term sustainability rather than making short-term cuts. He also discusses common mistakes districts make when facing budget constraints and how ERS provides tools and frameworks to help SBOs optimize financial strategies. Whether you’re preparing for future funding shifts or trying to stabilize your district’s finances, this episode offers practical insights that will help you make more informed, data-driven decisions.

Resources:

ERS SSROI Tool Kit

Budget Hold'em

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