Page 293 - Ord 866 Adopting a revised Fiscal Year 17-18 and new proposed Fiscal Year 18-19 budget

IMPLEMENT PLAN
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.
Develop a strategic financial plan. A strategic financial plan provides a three to five-year perspective on
how the district will pursue its instructional priorities and how successes will be determined.
Develop a plan of action. Roles and responsibilities for implementing the strategic financial plan should
be made clear for greater accountability.
Allocate resources to individual school sites. Resources have the most direct impact at school sites
programmes) and should be allocated transparently and consistent with the district’s overall strategy.
Develop a budget presentation. A budget document needs to be well organized and clearly lay out the
challenges the district is facing and how the district’ s strategies and financial plan will address these
challenges.

ENSURE SUSTAINABILITY
The planning and budgeting process should be one that can be replicated in the future to ensure the district
remains focused and plans accordingly for reaching its student achievement goals.
Put the strategies into practice and evaluate results. To ensure timeliness and accountability, the
district should establish a system to implement the plan and monitor its progress while making
necessary adjustments to stay on track.

http://www.gfoa.org/best-practices-
Source: www. gfoa. org/ best- practices- school- district- budgeting
Approved by GFOA’s Executive Board: January 2015
school-district-budgeting

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