Private School Consulting
I got involved with helping Catholic schools administration when I was asked to assist in financial strategies through budgeting. This led to discussions on how to plan for current costs, income, reserves for deferred expenses and fund raising. I have helped several administrators, not only in the annual budget exercises, but also with strategic events such as facility renewal and equipment replacement. To help with change management I advised that the administrators regularly keep the parents informed of the status and issues of the school budget as part of a communications plan. As a result, one school decided to increase tuition to build reserves to address significant modernization projects. |