Riverside Brookfield High School District 208

Financial Guiding Principles

Students First

We consider the impact on students when making all decisions.  The District is committed to providing excellent educational opportunities to help students achieve their maximum potential.

Long-Term Planning

We understand that long-term planning is a vital discipline for creating and maintaining financial sustainability.  We emphasize long-term planning in making financial decisions.

Budgeting for Outcomes

We allocate our resources toward ensuring that all students reach their learning potential.  We continue to work toward an allocation that will achieve the greatest educational returns.

Staffing

We value attracting and retaining highly qualified and experienced staff members.  We understand that the efficient allocation of staff members for the optimal amount of educational outcomes is critical to the budget process.

Integrity and Credibility

We will adhere to the highest standards of accounting and financial management practices.  It is always our goal to be accountable and responsive to the needs of our community and to operate our District with sound fiscal principles of integrity, responsibility, and a long-range financial vision.

Communication

We provide financial information to stakeholders explaining the financial challenges facing the District.  We continuously improve internal and external communication to foster better partnerships among community, families, and the School District.

Accountability and Transparency

We seek to develop on-going performance monitoring mechanisms.  These benchmarking reports will assess the effectiveness and efficiency of our District.

Financial Stewardship

We use local, state, and federal resources in a cost-effective and fiscally responsible manner.  We need to balance educational services and programs with the tax burden placed on the community.  We create value for the community through educational attainment coupled with financial stewardship.

Continuous Improvement

We seek ways to continuously improve the quality of the financial management of District 208.