SIMPL™ Budgeting Tools

One of the most important parts of any Improvement Program is knowing how it is going to be funded and staffed.  SIMPL™’s  Strategic Actions include provisions for declaring the required number of Full Time Equivalences (FTE’s) and their names.  The process of setting up a Strategic Action also includes declaring

1. How much money will be required,
2. Where it is going to come from, and
3. How it is going to be used.

Prior to getting to this time, however, one of the principal’s first jobs at the beginning of each fiscal year, is to declare the available sources of funds and the total amount available in each of those sources.  To help with this, SIMPL™ provides a funds setup capability which identifies every possible legislated source (federal and state) and all previously defined local funds sources.  For each source, the principal selects each source that applies to this school, and the amount of funding available for each.  As Strategic Actions are defined and refined,  SIMPL™ tracks the total amount reserved, and the current balance still available. 

There are 3 summary reports provided by SIMPL™

1. Funding by Strategy & Use
2. The Funding by Source and Use
3. Summary by Source

In each case, SIMPL™ maintains all totals dynamically, as strategies are defined and refined.  Several example reports are shown below.