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Lake County School District Strategic Financial Plan Case Study

Cost: 
Free
Author: 
LAKE COUNTY SCHOOLS
Enrollment: 
41,495
% Low Income: 
57%
Resource Type: 
Case Study
Document Size: 
443.74 KB
Related Framework Step(s): 

Lake County School District’s Strategic Financial Plan

Lake County School District (LCSD) was growing rapidly, but the revenues needed to keep up with growth weren’t materializing and student achievement was suffering as a result. LCSD decided to embark upon the Smarter School Spending journey to put an end to reactive, short-term budget cutting and thereby enable a coherent long-term approach to reaching its student achievement goals. LCSD took on an accelerated implementation schedule for Smarter School Spending, putting in place a complete process within one year. Though stressful, these efforts were successful: The school board unanimously adopted a long-term strategic plan that aligned the District’s financial capacity with its student achievement goals.