Strategic Plan Goal 4: Resource Stewardship

We commit to champion the needs of our school communities and be responsible stewards of the public’s investment.

OVERARCHING STRATEGY 10

Maximize and align FCPS resources in order to be accountable and transparent with the community regarding the resources entrusted to FCPS

DESIRED OUTCOME

ACTIONS

2015-16

2016-17

2017-18

2018-19

EST. $

A budget decision-making framework, based on financial management principles and standards, will be regularly and systematically utilized

Develop and implement:

         
 

A decision-making framework to establish budget priorities

P D I   R
 

Professional development to train staff on utilizing the budget  decision-making  framework

  P/D I   $
 

Online engagement tools to collect stakeholder feedback for decision making

I       $

Benchmarking processes will weigh major organizational operations against comparable school systems for effectiveness, efficiency, and Return on Investment

Develop and implement:

         
 

A return on investment framework

P D I   $
 

A framework to assess innovative practices to determine sustainability and growth opportunities

  P D I $
 

Benchmarking processes

P D I   $

P= Plan; D= Develop; I= Implement
R=Repurposed funds;  $=Up to $3 Million;  $$ =$3-$8 Million;
$$$ =$8-$15 Million; $$$$ = $15 -$30 Million; $$$$$ = More than $30 Million

MEASURES AND METRICS

Maximize and align resources in order to be accountable and transparent with the community regarding the"The mind is not a vessel to be filled but a fire to be ignited."- Plutarch resources entrusted to FCPS

Monitoring Metrics for the School Board

  • Reporting of the alignment of resource allocations and budget decisions to the budget decision-making framework
  • Return on investment measurements of key programs and services
  • Capital improvement data
  • Enrollment projections; annual accuracy of enrollment projections
  • Stakeholder feedback related to trust and satisfaction
  • Portfolio of varied business partnerships classified by type

OVERARCHING STRATEGY 11

Promote the value and benefits of the community’s investment in FCPS in order to increase the community’s understanding of the Division’s operating and capital needs to support student success

DESIRED OUTCOME

ACTIONS

2015-16

2016-17

2017-18

2018-19

EST. $

Stakeholders will understand where and how financial resources will be utilized

Create a financial and capital resource dashboard

  P D I $
 

Develop and implement a comprehensive budget and finance communication plan

I       R
 

Identify key communicators

I       R
 

Use diverse modes and venues for communication

I       R

FCPS will regularly and systematically advocate for fiscal resources at the county, state, and federal levels

Develop an advocacy program with the Fairfax County Board of Supervisors and their staff members on legislative priorities (local, state, and federal)

P P D/I   R
 

Advocate for long-term capital, operational, and financial planning with the Fairfax County Board of Supervisors so that this process is a true reflection of FCPS needs

P D I   R
 

Collaborate with other school divisions regarding state-level advocacy

I       R
 

Identify state and federal mandates that should be reduced or eliminated

I       R
 

Conduct a study to quantify the true cost of educating a 21st  century student

    P D/I $
 

Conduct a study to determine the economic impact of FCPS on Fairfax County as a whole

P D/I     R

P= Plan; D= Develop; I= Implement
R=Repurposed funds;  $=Up to $3 Million;  $$ =$3-$8 Million;
$$$ =$8-$15 Million; $$$$ = $15 -$30 Million; $$$$$ = More than $30 Million

MEASURES AND METRICS

Promote the value and benefits of the community’s investment in FCPS in order to increase the community’s understanding of the Division’s operating and capital needs to support student success

Monitoring Metrics for the School Board

  • Disaggregated per pupil spending, by program and level

  • Measure of gap between operating and capital needs versus available resources

  • Advocacy efforts and achievement of legislative priorities

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