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Fix what failed.
Financial Accountability · Governance & Oversight · Leadership & Stability · Risk & Long-Term Planning
Financial accountability
- Deficits
- Depleted reserves
- Financial mismanagement
- Financial forecasting
- Spending controls
- Financial recovery plans
- Realistic budgeting
- Protection of classroom resources
- Transparent financial reporting
Governance & oversight
- Trustee oversight
- Accountability of administration
- Governance concerns
- Transparent decision-making
- Public accountability
- Clear responsibilities
- Monitoring board performance
- Provincial intervention or supervision as evidence of the seriousness of governance problems
Leadership & stability
- Leadership changes
- Continuity of leadership
- Institutional stability
- Clear responsibility
- Accountability for decisions
- Identifying problems early
- Acting before problems become crises
Risk & long-term planning
- Early identification of financial and operational risks
- High-risk financial assumptions
- Realistic forecasting
- Enrolment changes
- Capital pressures
- Infrastructure pressures
- Transportation costs
- Technology costs
- Long-term financial planning
- Avoiding unrealistic assumptions