Category: Financial Crisis in Jewish Day Schools (Spring 2010)

Which of the following financial strategies should be the primary focus in your school?

• Cost-cutting and shared-purchasing that could save 3-5% off of expenses
• Board effectiveness training, which could enhance a school’s educational output and efficiency by 8-10% (but involve the board more significantly in educational questions)
• Cutting class size, which could significantly impact school expenses
• Training in fund-raising techniques for board members to significantly increase school revenue
• Outsourcing part or all of general studies for significant cost savings
• Partnerships with other educational institutions to share space, staff and other resources