Develop the skills to effectively manage school finances.
Finance Matters focuses on building your technical capability in specific areas of financial management to support the best educational outcomes for your students.
Through a series of virtual workshops, you'll explore how to best manage financial obligations, make sound financial decisions and how to implement effective planning techniques to make your school more efficient.
The workshops have been designed to address the needs of specific school contexts, including primary, secondary and small schools.
Finance Matters is a workshop in the Strategic Management for School Leaders suite, which supports the Department of Education's (department) commitment to lifting the organisational performance of schools.
Designed for Victorian government school principals, assistant principals, business managers, aspiring business managers and school finance liaison officers (SFLO).
Designed and delivered by the Schools Finance and Resources Branch.
Finance Matters comprises a series of discrete virtual workshops that unpack key areas of financial management in a school environment.
Before attending a workshop, you may be asked to investigate or collate school data to ensure you can effectively engage in the learning content.
This session outlines the essentials of an effective annual budgeting process, including developing an annual cash budget cycle with consideration of anticipated revenue and expenditure, timelines, consultation, and the role of School Council.
This session is designed to support schools with their Financial Management requirements including responsibilities, fraud prevention, procurement, asset management, governance and segregation of duties.
This session provides principals, assistant/aspiring principals, leading teachers, teachers, business managers and administrative staff with an overview of the CASES21 key reports and the Student Resource Reporting package.
SFLO Budget Masterclass
This masterclass will be made up of 5 online budget workshops, 1 session a week, spanning a 10-week period. You will learn how to complete your schools indicative cash budget in preparation for presentation to school council. This session is for new business managers and by invite only.
SFLO DE Budget Review
This workshop provides an overview to assist schools in understanding the areas in the DE Annual Master Cash Budget Spreadsheet that may require adjusting, prior to schools finalising their Confirmed Cash Budget and presentation to school council.
SFLO DE Budget Spreadsheet
This session provides an overview of the DE Annual Master Cash Budget Spreadsheet for those that have not used the spreadsheet before or have limited experience and would like to have a clearer understanding of how to prepare and report the cash budget.
SFLO Leave Replacement
This session will discuss leave and leave replacement best practice and the processes required to record the information to make a reimbursement claim.
SFLO New and Aspiring Business Manager
Designed for new and aspiring business managers, this session will cover the various financial aspects of a school’s operation to improve understanding of the department’s policy, guidelines and recommended practice. During the workshop, information will be provided to participants about the many options for further training and support available through the Department so they can further their knowledge and skillset in this area.
SFLO New Business Manager
Designed for new business managers, this session will cover the various financial aspects of a school’s operation to improve understanding of the department’s policy, guidelines and recommended practice.
SRP and Workforce Budgeting for Schools
This session is designed to support schools with their SRP and Workforce Budgeting and related Planning throughout the year and will be run in 4 separate blocks, 1 each term. The expectation is that participants will enrol in 1 session per term.
SRP and Workforce Budgeting for Special School Settings
This session is designed to support special school settings with their SRP and Workforce Budgeting and related Planning throughout the year, being run as separate sessions with an expectation of enrolment in 1 session each term.
Taxation - GST and FBT
These sessions are designed to support schools to ensure they comply with all Commonwealth Taxation obligations. This includes mainly goods and services tax (GST) and fringe benefits tax (FBT), but also incorporates pay as you go (PAYG), fuel tax and more.
Assets in Schools
This session is designed to provide a clear understanding of the policy and guidelines around asset management in schools and how they should be recorded and reported.