Strategic financial management for NSW public
schools
Focusing financial resources to improve student learning outcomes
A BOSTES registered one day course for principals and members of the school leadership team. RG00122
The Strategic Financial Management course is suitable for Principals, SAMs, executive and aspiring leaders in all public
schools. This whole day course focuses on the strategic considerations in planning and using financial resources to
improve student learning outcomes.
There will be a fee of $55 for each participant. This will cover venue hire, meals and refreshments. Registration is
through MyPl@edu. Schools will be responsible for staff relief and travel costs where appropriate.
Course materials will be e-mailed to participants prior to the event.
The venues have been chosen strategically to give reasonable access for all to attend, and are also based on school
requests and Director’s advice.
Please contact me if you have any questions about accessibility or other potential delivery dates.
Regards
Mark
Mark Eggleston
Principal
School Support Team
Local Schools, Local Decisions
Department of Education and Communities
Dubbo Office
Level 2, 37-39 Carrington Ave, DUBBO, NSW, 2830.
: 02 6883 6359 M: 0458 848491 E: [email protected]
NSW DEPARTMENT OF EDUCATION AND COMMUNITIES
WWW.DEC.NSW.GOV.AU
Strategic financial management for NSW public
schools
Focusing financial resources to improve student learning outcomes
A BOSTES registered one day course for principals and members of the school leadership team. RG00122
Overview
This course is designed to assist
principals and school leadership teams
in developing a strategic focus in
managing school financial resources in
the new environment of increased local
decision making authority for principals.
It recognises that the principal carries
the accountability for the financial
decisions of the school.
The course material focuses on the
strategic considerations in planning and
using financial resources to improve
student learning outcomes.
It would be useful for SAMs to attend
this course as they will be managing the
data entry and report generation relating
to the schools finances, and also
advising principals on the meaning of
specific items in reports. In this context
they should have an understanding of
the background considerations
principals undertake in making financial
decisions.
The SAM’s role is still related to
implementing the decisions of the
principal within the financial
management system, and advising the
principal on financial operational
matters.
For further information:
Mark Eggleston
0268836359
0458848491
e-mail: [email protected]
reports to assess current school
financial health
 forecasting future financial
performance and managing school
finances for the current and future
years
Workshop content
This workshop is structured around a
series of school-based scenarios.
Participants will use the scenarios to
address a range of strategic issues
affecting school-based financial
management. These will include:
 prioritising the use of financial
resources to meet the needs of
students and the school
Key learning outcomes
 developing student outcome and
strategic direction statements to link
the school budget to the school plan
This strategic financial management
workshop will deliver four learning
outcomes for participants.
 building a budget for the use of
additional equity loadings, targeted to
achieve specific outcomes
 identifying the financial implications
within the strategic directions
identified in the school plan
 using typical accrual-based financial
reports to assess school budget
performance
 building and managing a schoolbased budget linked to student
learning outcomes
 identifying possible actions to take
when the school-based financial
reports highlight significant
variances from the budget,
 reading and understanding financial
NSW DEPARTMENT OF EDUCATION AND COMMUNITIES
WWW.DEC.NSW.GOV.AU
considering both planned over and
under budget results linked to the
school plan
 considering the human resources
component implications in building a
school budget
 forecasting future financial
performance over the period of the
school plan
 considering the financial risks and
opportunities associated with
managing a school budget
 developing school-based strategies
for achieving effective use of
financial resources, directed to
achieving results for students
Workshop approach
The strategic financial management
workshop includes participant led
activities, discussions and feedback.
For schools yet to move to the LSLD
model, this workshop will provide an
opportunity to prepare for the new
financial management environment and
a conceptual basis for SAP finance
systems training.
Strategic financial management for NSW public
schools
Focusing financial resources to improve student learning outcomes
A BOSTES registered one day course for principals and members of the school leadership team. RG00122
Date
Time
Venue
Link to MyPL
16
June
2015
9.00am
start
Registration,
tea and
coffee from
8.30am
Dubbo
Bangamalanha
Centre
Arthur Street
Dubbo 2830
https://www.det.nsw.edu.au/docprs/publicViewEvent.do?eventId=105274
NSW DEPARTMENT OF EDUCATION AND COMMUNITIES
WWW.DEC.NSW.GOV.AU