When are principals expected to review and possibly revise school budget plans?

Principals are expected to review and possibly revise school budget plans annually to ensure alignment with the school’s improvement goals. This practice allows them to assess the effectiveness of the current budget in meeting educational objectives and to make necessary adjustments based on changing needs, priorities, and the overall progress of the school environment.

Regular annual reviews promote strategic planning and accountability, ensuring that resources are allocated efficiently and effectively to support student learning and development. By aligning budgetary decisions with school improvement goals, principals can foster an environment where financial planning directly contributes to achieving the school's mission and enhancing educational outcomes.

In contrast, reviewing budgets only when there is a budget deficit or solely at the end of the school year does not allow for proactive adjustments that can enhance educational success. Additionally, leaving budget reviews to whenever they see fit can lead to disorganization and a lack of consistency in meeting the school’s financial and educational objectives.