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Budgeting

Balancing Your Budgets: A guide for schools and trusts

Budget management is increasingly becoming a focal point for schools and trusts. But did you know that, according to The National Governance Association (NGA), only 18% of schools and trusts perceive their schools as financially sustainable?

Download this guide to learn everything you need to know about balancing your budgets, including:

  • An overview of the current landscape in school budget management
  • A 7-step checklist for revising your budget through reforecasting

Reforecasting involves revisiting assumptions made during initial budgeting and using current data to improve budget accuracy. The guide's first four steps help consolidate relevant data, while the last three steps focus on generating the updated forecast.

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