Guide to Implementing Priority-Based Budgeting in School Districts

Aligning your budget to district priorities matters. Why? Because when spending is tracked against the district’s goals, the district ensures intentional spending is raising student achievement. And that means? Frankly - the success of every single…

Streamline District Spending by Offloading Ineffectual Programs

A vital function of the annual school district budgeting process is to identify programs and expenditures that are no longer viable. Re-investing the savings from such programs can help districts to meet student and district needs or launch promising new…

Achieve District Goals with Strategic Budgeting

Strategic budgeting involves creating a multi-year budgeting plan that supports the long-term goals and vision set by the school district. It should represent the district’s strategic plan in action and allow the district to identify the financial…

Is a Student-based Allocation Funding Formula Right For Your District?

ESSA requirements has many districts considering methods that not only increase school-level spending, but improve equitable opportunities for students. Implementing a student-based allocation (SBA) funding method could help districts accomplish both.…

Ask Allovue: What is Zero-based budgeting?

In most districts, the budget process begins with a roll-forward of the current budget and is adjusted for any known changes (i.e., employee compensation, benefit and pension rates, planned contract increases). In short, the budget of tomorrow is a…

Survive District Accounting System Transitions with Balance

If your district is preparing to undergo an accounting system transition, you may feel that now is not a good time to implement Balance. You couldn't be more wrong! Balance can help districts streamline and minimize technical issues typically associated…

Attribute Central Expenditures to Schools in time for ESSA

Districts across the country are publishing and reporting school-level actual spending, many for the first time, due to new regulations in the Every Student Succeeds Act (ESSA). Each school and district have different populations of students and…

5 Steps to Transition Your District to Weighted Student Funding

1. Evaluate your current state Note: Successful districts transition to weighted student funding (WSF) formulas over several years so make sure you manage your expectations and plan for the long term. Before you begin, review your site-level spending to…

The Secret to Effectively Streamlining Your District's HR Processes

80-85% of a school district’s budget is personnel and budgeting and managing this subset of funds can be complex and time-consuming. Imagine having your benefits packages, staffing rosters and displaced employees at your fingertips? Balance Budget makes…

Improve District Finances Using SMART Pathways

Another new year, another set of new year’s resolutions unintentionally abandoned by February. Despite our best efforts, many of us fail to achieve our goals for various reasons; either they weren’t realistic, we failed to keep track of our progress, or…