Your Strategic Financial Plan: Expenditure Control for the Long Run

Ideas & Perspectives
Ideas & Perspectives

Volume 36

No. 3//

February 17, 2011

ISM's recommended 13-line, six-year format for your strategic financial plan serves as a ready reminder to you, the School Head, that today’s expenditure excesses have long-term consequences. In the two tables shown below, only Line 5 (cash operating expenses) and Line 9 (the annual cash surplus/deficit or profit/loss) are shown, for ease of explanation.
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