Description
MIG Course 3 │ Evening Virtual Cohort
School Finance Part 1 and 2
Prerequisite: MIG 1 - Foundations of Effective Governance | Setting Direction; MIG Course 2 - Student Learning & Achievement | Policy & Judicial Review
Why You Should Take This Training:
Understanding school finance is fundamental to the sustainability of the school district and ensuring district goals are aligned with student achievement. Participating in this course will give you insights into establishing budget priorities, developing robust budget processes, and implementing effective financial oversight measures. Moreover, you will learn how to engage with your community, informing them about the district's financial health and soliciting valuable input on budget priorities.
How it Relates to Your Role:
As a school board trustee, your decisions directly impact the allocation of resources within your district. This workshop will empower you to make informed financial decisions that uphold the best interests of students and stakeholders alike. You will learn to utilize fiscal reports, comprehend the impact of collective bargaining on budgets, and allocate funding for critical areas such as facilities maintenance and construction.
Enhancing Your Capacity as a Board Member:
Effective governance relies on the collaborative efforts of all board members. By honing your understanding of school finance, you will contribute to a stronger governance team capable of making sound financial decisions that drive student success. You will explore strategies for achieving fiscal responsibility and promoting transparency in financial matters through interactive discussions and practical exercises.
What You Can Take Away:
Upon completion of this training, participants will:
- Develop a comprehensive understanding of school finance principles and practices
- Utilize fiscal reports effectively to ensure fiscal oversight and accountability
- Engage with the community to gather input on budget priorities and communicate the district's financial status transparently
- Navigate the complexities of collective bargaining and its implications on budgetary decisions
- Strategically allocate funding for facilities maintenance and construction projects to support a conducive learning environment
Learning Objectives:
- Interpret fiscal reports, including audit and monthly budget reports, to ensure effective fiscal oversight
- Engage with stakeholders to gather input on budget priorities and communicate financial information transparently
- Analyze the impact of collective bargaining agreements on budgetary decisions
- Strategically allocate funding for facilities maintenance and construction projects to support the district's infrastructure needs
Join us in this transformative learning experience to enhance your capacity as a contributing member of the strong governance team. Let's empower our districts with sound financial stewardship and a commitment to student success.
Schedule:
Monday, January 6, 2025 │ 6:30 p.m. to 8:30 p.m. │ School Finance Part 1A
Monday, January 13, 2025 │ 6:30 p.m. to 8:30 p.m. │ School Finance Part 1B
Monday, January 27, 2025 │ 6:30 p.m. to 8:30 p.m. │ School Finance Part 2A
Monday, February 3, 2025 │ 6:30 p.m. to 8:30 p.m. │ School Finance Part 2B
Meeting Details:
Virtual
Registration: $450| Late registration: $525 (Starting on December 9, 2024)
Registration closes on December 23, 2024.