Download
1 / 13
130 likes | 145 Views
Gain insight into the finance workgroup's role, planning steps, and time commitment. Learn about Evidence2Success goals for youth well-being and strategic financing. Explore the current progress, charge, and role of the finance workgroup in developing a collaborative financing plan. Discover the process of developing strategic financing goals, identifying financial resources, and implementing financing strategies. Understand the time commitment involved and the next steps to monitor plan implementation.
E N D
Goals and Objectives Participants will: • Understand the role and functions of the finance workgroup • Understand the steps in the planning process we will undertake • Know the time commitment involved in serving on the finance workgroup • Build rapport with other members
The Vision Behind Evidence2Success • Better well-being outcomes for young people (0–18) by addressing underlying risk/protective factors • Best available local data to determine priorities and track progress • Shifted percentage of spending to prevention/early intervention • Balanced portfolio of tested, effective (evidence-based) programs to reach all eligible children and youth • Strong partnership and shared accountability among schools, public systems, residents and families
Our Work to Date In our Evidence2Success effort so far, we have: • Convened and oriented the community board • Administered the Youth Experience Survey • Identified priority outcomes, risk factors and protective factors and programs • Completed fund mapping and shared results with agencies
Finance Workgroup Charge • The workgroup will develop a collaborative strategic financing plan to support: • The priority programs selected by the community board • The infrastructure for effective implementation of those programs and ongoing data-driven collaboration within Evidence2Success • The financing plan will include: • Short-term strategies that can support the work in years 1–2, including allocation of grant dollars • Longer-term strategies to sustain and scale the work over time
Role of Finance Workgroup • Evidence2Success includes the development of focused financing capacity. • Finance lead: Facilitate strategic finance planning process • Finance workgroup: Support design, development and implementation of a cross-agency strategic financing plan • Workgroup recommendations to be reviewed and adopted by the full community board.
Developing a Strategic Financing Plan • What are your financing goals? Identify priority programs, scale and support Meeting 2 • What financial resources do you need to implement those goals? Cost estimates Meeting 2 • What resources do you have? • Review program investment and share opportunities Meeting 3 • What financing strategies will you implement? • Finance strategies Meetings 3, 4, 5 • How will you implement financing strategies? • Work plan for finance strategies Meeting 6
Finance Workgroup Time Commitment • Five more meetings to develop a strategic financing plan to be reviewed and adopted by the full community board • Each meeting 3–4 hours in length • Facilitated by finance lead • Quarterly meetings thereafter, to monitor implementation of the plan
Next Steps • Prepare draft cost estimates for implementing programs and supporting infrastructure • Individual agency conversations to support budget development • Upcoming meeting dates:
