PROFESSIONAL SERVICES

     
School Funding School Planning School Management
 

Educational Finance Services  provides a professional consulting services to schools and colleges.  EFS can assist schools and colleges in the following areas:

 

SCHOOL FUNDING

Recurrent Funding:

With a thorough understanding of government funding guidelines, Educational Finance Services can provide comprehensive advice on:

Commonwealth General Recurrent Grants
Special Program - Commonwealth and State Grants
State Recurrent Grants
School's Recurrent Index Calculations and Implications
Government Health Assessment Checks
Australian Government Department of Education Audit Requirements

EFS can facilitate meetings with government departments on matters relating to school funding.

Capital Grants:

The planning and preparation of applications including facility planning, educational rationale, financial projections and justification for:

Commonwealth Capital Grants
State Capital Grants

 

SCHOOL PLANNING

New Schools:

Advice and assistance with the preparation of documentation to support applications for accreditation and funding approval to commence a new school, including:

New School Applications
Feasibility Studies
Viability Assessments

New and Established Schools:

Advice and assistance with the preparation of documentation to support applications for the change of approved attributes of a school, including:

Business Plans
The development of business plans take account of all educational, financial and marketing issues that influence the operation of schools and colleges.
Advice to Governing Bodies, Heads/Principals and Business Managers/Bursars on strategic planning, management and marketing of their schools and colleges.
Preparation of comprehensive and relevant financial forecasts.
Preparation of detailed applications for finance to banks or other financial institutions
Preparation of Due Diligence Reports on the operation of a school as requested by banks or other financial institutions.
Changes in School Operations
Facilities Planning
Strategic Planning
Master Planning
Demographic Analysis
SES Analysis
Enrolment Projections

 

SCHOOL MANAGEMENT

Financial Management:

Financial Planning
Applications for Finance
Activity Based Costing
Detailed analysis of the cost of operating a school including:
The cost of providing individual curriculum areas.
The cost of providing academic and non-academic support structures to a school.
Benchmark Analysis
Consideration of a school's performance in relation to established industry benchmarks including:
Analysis of the school's operation in relation to the benchmarks.
Interpretation of the operational components of a school's performance as measured by the benchmarks.
Census & Financial Questionnaires

Reviews:

Operational Reviews
Academic Reviews
Business Office Reviews
Non-Academic Structural Reviews

Advice to School Councils:

Development Office
Foundations
Appointment of Key Personnel
Salary Reviews
Administration Structural Reviews

 

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