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Money Saving Tips

Money Saving Tips. Saving is a mind set. Or Frugal with a hint of cheap!. What do we spend the most on?. Personnel. Staff Savings . Control FTE’s Student teacher ratios Sub-costs Quarter hour scheduling Outsourcing Benefits (shop around). Workers Compensation. Are you proactive?

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Money Saving Tips

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  1. Money Saving Tips

  2. Saving is a mind set.OrFrugal with a hint of cheap!

  3. What do we spend the most on?

  4. Personnel

  5. Staff Savings • Control FTE’s • Student teacher ratios • Sub-costs • Quarter hour scheduling • Outsourcing • Benefits (shop around)

  6. Workers Compensation • Are you proactive? • Training • Reporting • Light duty policy • What is your number 1 injury? • What’s 2nd? • What have you done about it? • Does you provider investigate?

  7. Grants • Matches • In-kind • Sustainablility • What happens when it ends? • Indirect costs • Cash flow • Does this mesh with our mission ?

  8. Donations • Beware!!! • Costs to install • Look at all costs involved • Sometimes junk • Old computers • Equipment

  9. Cash Management • Investments • Bond refinancing • Bad checks • On-line payment systems • Bank fees • Timing of payments • Discounts • Number of A/P runs

  10. Day to Day Operations

  11. Get Everyone Involved ! • Ask everyone for ideas • Use employee newsletters • Use students • Look at each budget area • Look for large expenditures

  12. Awareness Education • How often do you present to staff ? • Do they know the goals? • What if everyone saved $1 per day? • Don’t forget they are competitive souls

  13. TextbooksHow much $ do you have in textbooks? • Inventory system • Repair them • CD’s • Skip an adoption • Buy used or 1 year back • Sell old ones • Ask if they use them • Classroom sets • Free stuff • Price • Shipping • WWW.k12textbook.com

  14. Purchasing • Credit cards with rebates • Purchasing groups • With neighbors • Volume discounts • With-in district • Do we already have it somewhere?

  15. Transportation • Routing software • Buy/sell used busses • Field trips • Charge out • Control the number • Consolidate trips/kids • Band contests • Athletics • Special Ed • Smaller vehicles

  16. Facilities • Energy management • Summer school • Consolidate buildings • Athletic Camps • 10% for district • Outside usage • Re-coop costs

  17. True Costs Ma & Pa film clip

  18. True Costs • Who is estimating the costs? • Did they include everything • Don’t forget facilities, staff time, other resources • Saturday School

  19. Cost Allocations • Postage • Field trips • Supplies • Copiers • Maintenance • Technology Support • Others ?

  20. Remember !!! If they don’t pay for it or see the cost it’s just money from heaven!

  21. A slightly softer approach Give them information on the costs Example sub costs

  22. Odds & Ends • Software library • Shredding • Summer hours • On-line forms • Sell old equipment • On-line • auctions

  23. Lemons to lemonade Ice Storm To Mulch

  24. Creative Fundraising • Pennies • Cartridge/ cell phone recycling • Duck races • Children’s festivals • The letter • Cow Pie Bingo

  25. More Ideas • Flocking • Flock insurance • www.fundraiserhelp.com • Foundations • The classics • Raffles • Auctions • Check your local laws

  26. Others ? What helps put cash in your district?

  27. See you in Little Rock!SASBO April 18 – 21st

  28. We are out of here!Kathy Hanlonkhanlon@rogers.k12.ar.us

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