FINANCIAL TRANSPARENCY
Craft your district’s narrative and build trust with communities.
Whether you are already managing an engaged community or trying to foster more support for your district, creating real transparency builds trust and invites participation.
WHY DOES FINANCIAL TRANSPARENCY MATTER?
By sharing data safely and proactively, you can control the narrative about your district’s budgeting and spending—engaging the community and avoiding any “gotcha” moments simultaneously.
Build budgets around goals
Drawing connections between strategies and expenses is a big win for transparency. Allovue Manage helps you analyze resource distribution to find where funds are misaligned.
Create print-ready reports
Share easy-to-understand resource allocation breakdowns by school, strategic budgeting plans, and spending reports with district stakeholders.
Search for what you need
Allovue Manage's “suggested search” uses everyday language to parse and filter financial data, analyzing spending by any segment from your district’s chart of accounts.
Communicate simply and effectively.
Publishing your district’s budget and financial information may be a requirement for many districts, but presenting that information in a way that is digestible for community members presents unique challenges. With Allovue Budget Suite, district funding formulas, priorities and strategic work can be summarized and translated for maximum stakeholder engagement.
Foster an equity of access for internal and external stakeholders.
For those in Central Office who can “speak” account codes fluently, dissecting and understanding an ERP system is easy. However, gifted educators may find themselves managing a budget or school site with little or no financial training. With tools that are both numerically and word-key searchable, districts can level the playing field for discussions on school finance.
Explain the “why” with ease.
Communicating changes and trade-offs to site-level administrators can often be a difficult task—people are understandably protective of their dollars and may not understand why changing enrollments or initiatives affect their funding. With Allovue Allocate, funding formula rules are translated into descriptive explanations, laying out where and how dollars flow down to the school level.
FEATURED RESOURCE
How can districts craft a winning strategy for ESSER budget and spending transparency? ESSER funding involves multiple challenging steps for districts to navigate. Communicating these processes to the public adds yet another hurdle for districts to clear.
EXPLORE OUR PRODUCTS
Allovue Allocate
Create easy-to-update resource allocation formulas that direct dollars to schools.
Allovue Budget Suite
Plan district and school budgets together in a collaborative online environment.
Allovue Manage
View, track, and monitor actual spending on-demand (no spreadsheets required).