STRATEGIC OBJECTIVE 6

MAINTAINING A FINANCIALLY VIABLE, SUSTAINABLE AND COMPLIANT MAC WHY

Our governing structures require our MAC to be fully compliant with statutory expectations. In line with our values and vision to support the best possible outcomes for our children. We work with other agencies to ensure that we meet our public duty and can demonstrate value for money, regularity and propriety.

How

Through the work of the central team we support the wider aims and vision of the MAC and external governing structures in meeting our legal requirements. We have high expectations for all. We monitor and support compliance and best practice to provide assurances to our Directors and Members. We commit to finding better more efficient ways in which to deliver our vision and our aims.

Objective

To ensure resources are effectively allocated to best meet the strategic objectives of the organisation

Success Criteria

Year 1-2

Monitoring of budgets in line with school improvement objectives. Setting of budgets in line with MAC policy and school improvement objectives.

Reducing the burden of financial pressures through the use of KPIs and benchmarking data.

Identification of risks and use of resources to address those risks. Allocation of resources in a fair and consistent approach to support all schools.

Use of external toolkits to inform progress towards improved use of resources.

Success Criteria

Year 3-5

5-year budget forecasting. Consideration for the impact of GAG pooling.

Centralisation of services in support of statutory expectations

Addressing outstanding or ongoing compliance issues with a centralised approach.

Monitoring of those centralised services for impact using KPIs and external audits.

To address barriers to meeting the ambition of the MAC through the provision of additional services sourced centrally.

Growth and centralisation plan.

To support our schools and MAC to become more sustainable through operational and strategic decision making

Monitoring of progress against MAC sustainability plan. Sharing good practice and literature to inform school leaders of choices. To ensure all work engaged is of a sustainable or environmental benefit.

To develop childrens and staff knowledge and understanding of our roles within the sustainability agenda.

Development of policy and action plan to lead to a carbon neutral MAC.