EXCELLENCE FINANCIAL

GOAL:

Shattuck-St. Mary’s will be a financially healthy school, sustainable both in the short-term and long-term future.

OBJECTIVE:

Create a rolling three-year financial plan that achieves balanced operating budgets and addresses physical plant needs.

STRATEGIES:

• Establish targets for enrollment size and composition, tuition levels, financial aid, fundraising, endowment contributions, and supplementary income that support rolling three-year balanced operating budgets.

• Assess the financial viability of all programs through a systematic review process.

• Evaluate monetizing current assets and explore additional supplemental sources of income opportunities.

• Formulate a plan for funding ongoing and deferred maintenance expenditures.

• Update the School’s Master Campus Plan based on current and projected institutional priorities.