Allovue hosted their third annual Future of Education Finance Summit on October 24 in Baltimore, leaving attendees brimming with inspiration and ideas to take back to their own districts. This year’s theme, “Charting the Path”, guided attendees down the paths to improve their financial management habits and practices as they embarked upon known challenges in five distinct areas, known as the SMART Pathways : Site-level Autonomy, Management, Alignment of Spending to Goals, Resource Equity, and Transparency.
Over the course of the day, attendees eagerly engaged with the 30 speakers during the 18 sessions as they learning real-world techniques and new best practices that they could implement in their own districts. Superintendents, education researchers, policy makers, CFO’s and budget managers sat shoulder to shoulder discussing weighted student funding, the economics at play behind the statewide teacher strikes, how to bring financial transparency and autonomy to a district and more.
Highlighting the importance of FEFS, Allovue CEO, Jess Gartner relates, "Over the past three years, education finance professionals have come together at FEFS to share strategies and success stories based on their research and practice. As district finance offices are increasingly tasked with developing strategies for resource equity and analyzing the impact of spending on district outcomes, FEFS has created space for a growing professional learning community of strategic finance leaders in K-12.”
See our highlight reel below to get a inside look at FEFS 2018
Spent yesterday AM at an eye-opening convening w/ some of the nation's most mission-driven education finance experts. Today, I woke up to coffee in a new receptacle, a cloth to clear my view, and Jimmy Cliff to shine on a bright sunshiny day. #FEFS2018 ✊https://t.co/13Cl7DDkXK pic.twitter.com/cx4qeQswk2— Frank Bonsal III (@FrankBonsal) October 25, 2018
4/ I like the juxtaposition of being a non-practitioner (who serves practitioners) in a setting surrounded by practitioners getting into the weeds on education finance. https://t.co/PbqSEOYYFz— Noelle Ellerson Ng (@Noellerson) October 24, 2018
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ABOUT THE AUTHOR
Allovue works with districts and state departments of education across the country to allocate, budget, and manage spending. Allovue's software suite integrates seamlessly with existing accounting systems to make sure every dollar works for every student. Allovue also provides additional services such as chart of accounts and funding formula revisions.