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Finance Tool Kit

This Finance toolkit will provide guidance in developing financial strategies to sustain your system of care. It will also provide guidance on developing a continuous quality improvement program to support your finance efforts, how to maximize efforts to engage senior level decision-makers around financing approaches, and optimizing stakeholder involvement in the financial wherewithal of your system of care. In order to be successful in developing the variety of services and supports necessary to serve children and families involved in your child welfare-led interagency system of care, it necessitates sophisticated financial management. Within a system of care you need to become adept at “braiding” and “blending” funds to maximize resources across agencies. The myriad of funding streams, match requirements for Federal and State dollars, foundation funds, and private funding sources can be overwhelming to the fiscal novice. This toolkit will give you examples of successful funding strategies that have allowed child welfare agencies to be successful in meeting the dynamic needs of children and families while being prudent fiscal managers. Also, you will be exposed to people in the child welfare and system of care fields who have shared their stories of how they built a responsible funding base in order to effectively provide services and supports for children and families involved in the child welfare system.

Posted in: Guidelines Plus on 09/26/2011 | Link to this post on IFP |
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