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4.1
  • 4. Resources
Marina Daporta

A long term financial plan provides for the evolving needs of the school

 


2020-2021

  • There is no evidence.

2021-2022

  • The investment policy has been redefined with a more conservative profile to mitigate fluctuations in financial results.

2022-2023

  • Board retreat focused on identifying new revenue streams and strategies to attract prospective students.

2023-2024

  • Mid term financial plan aligned with enrollment goals and budget expectations.

  • Goals were established to eliminate the operational deficit and work towards a balanced budget by defining priorities.

2024-2025

  • A healthy cost structure is being developed for the school, with priorities defined for resource allocation to enhance various areas based on these priorities.

  • A phased long-term capital investment plan established with designated reserves, while maintaining a crisis fund and conservative future assumptions.

  • Alternate revenue sources aligned with the school's mission are being analyzed.