Technology Budget and Lifecycle

As an independent school technology leader, it's important to familiarize yourself with key accounting terms that a CFO (Chief Financial Officer) at a school would commonly use.

Schools face various risks that can significantly impact their operations, financial stability, and reputation.

As schools increasingly rely on technology to support their operations and deliver quality education, the relationship between business officers and tech directors plays a vital role in ensuring smooth functioning and strategic decision-making.

Zero-balance budgeting is an effective approach for technology leaders in K-12 independent schools to manage their financial resources efficiently. Zero-balance budgeting is a budgeting approach that aims to allocate financial resources in a way that balances expenses with available funds.