1. Money Saving Tips

2. Saving is a mind set. Or Frugal 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 2 nd ? –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. 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

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

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

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

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

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

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

24. Lemons to lemonade Ice Storm To Mulch

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

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

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

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

29. We are out of here! Kathy Hanlon khanlon@rogers.k12.ar.us