money saving tips. saving is a mind set. or frugal with a hint of cheap!
TRANSCRIPT
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?– Training – Reporting– Light duty policy– What is your number 1
injury?– What’s 2nd?– What have you done about
it?– Does you provider
investigate?
Grants
• Matches– In-kind
• Sustainablility– What happens when it
ends?
• Indirect costs• Cash flow• Does this mesh with
our mission ?
Donations
• Beware!!!• Costs to install• Look at all costs
involved• Sometimes junk
– Old computers
– Equipment
Cash Management
• Investments• Bond refinancing• Bad checks• On-line payment
systems• Bank fees• Timing of payments
– Discounts– Number of A/P runs
Day to Day Operations
Get Everyone Involved !
• Ask everyone for ideas– Use employee
newsletters
– Use students
• Look at each budget area– Look for large
expenditures
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
Textbooks How 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
Purchasing
• Credit cards with rebates
• Purchasing groups• With neighbors• Volume discounts• With-in district
– Do we already have it somewhere?
Transportation
• Routing software• Buy/sell used busses• Field trips
– Charge out – Control the number– Consolidate trips/kids
• Band contests• Athletics• Special Ed• Smaller vehicles
Facilities
• Energy management• Summer school
– Consolidate buildings
• Athletic Camps– 10% for district
• Outside usage– Re-coop costs
True Costs Ma & Pa film clip
True Costs
• Who is estimating the costs?
• Did they include everything
• Don’t forget facilities, staff time, other resources– Saturday School
Cost Allocations
• Postage• Field trips• Supplies• Copiers• Maintenance• Technology
Support• Others ?
Remember !!!
If they don’t
pay for it
or see the cost
it’s just money
from
heaven!
A slightly softer approach
Give them information on
the costs
Example
sub costs
Odds & Ends
• Software library• Shredding• Summer hours• On-line forms• Sell old equipment
– On-line
– auctions
Lemons to lemonade
Ice Storm
To
Mulch
Creative Fundraising
• Pennies• Cartridge/ cell phone
recycling• Duck races• Children’s festivals• The letter• Cow Pie Bingo
More Ideas
• Flocking– Flock insurance
• www.fundraiserhelp.com• Foundations• The classics
– Raffles
– Auctions
– Check your local laws
Others ?
What helps put cash in
your district?
See you in Little Rock!SASBO April 18 – 21st
