Comments on: Breaking Down School Budgets

By: Tsivya Fox

Tsivya Fox — Fri, 09 Jan 2015 07:24:50 +0000

Thanks for your good suggestions. As noted, these are suggested pieces of information to be considered when making a budget. Each school needs to create their budget in a way that best works for them. Your idea of a working spreadsheet will save a lot of time and energy in the long one. Great idea!

As for capital expenses, I have heard of two ways of dealing with these. One is to work into the budget “miscellaneous” expenses-a lump sum for a large or unexpected expense. Another is to build into the budget a buffer for expenses so that after a period of time, you will hopefully have extra money for when it’s time to make that big purchase.

By: Tsivya Fox

Tsivya Fox — Fri, 09 Jan 2015 07:18:46 +0000

So glad that it was helpful. Keep up the great work!

By: Fran

Fran — Thu, 08 Jan 2015 10:47:48 +0000

This is great information and helped me a bundle.

Thanks again Hertz,
Moshe

By: R. Drew Davis

R. Drew Davis — Thu, 08 Jan 2015 09:40:16 +0000

Should capital expenses (long-lasting equipment) be planned separately?

I think I’d lump the gardener in with the maintenance item, but break out the paper and copying machines into educational expenses.

Ideally, the budget needs to be turned into a parameterized spreadsheet so you can tweak number of students and class size limits and see the numbers adjust accordingly.

Guidance counselors are just part of the “administrative support team” in your model?

For planning purposes, I think I’d try to break out “advanced” classes and “vocational” classes as separate planning areas. Extracurricular “clubs” budget? Sports team perhaps can be carried in with “clubs”. Probably a non-trivial item.