Making Data Work: Strategies for Financial and Academic Integration

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Jan 14, 2025

Tim Hilker, Assistant Superintendent at BOCES, and Joe Greco, Director of Budget Integration at Saratoga Springs, dive into the game-changing concept of Academic Return on Investment (AROI). They discuss the delicate balance between financial resources and academic success, highlighting the need for data-driven decision-making. The conversation unveils strategies to enhance collaboration between curriculum and finance, tackle communication challenges, and evaluate educational programs effectively, ensuring that every dollar spent drives meaningful educational outcomes.

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INSIGHT

AROI: Bridging the Gap

Academic Return on Investment (AROI) helps align financial resources with academic outcomes.
It bridges the gap between instructional goals and financial realities by analyzing program effectiveness and cost.

ANECDOTE

Bridging the Communication Gap

Tim Hilker's initial challenge with AROI was bridging communication gaps between departments.
Creating Joe Greco's position fostered collaboration and a shared understanding of needs and resources.

INSIGHT

Data-Driven Accountability

Joe Greco's curriculum background highlighted the need for accountability in budgeting.
Data collection should lead to informed decisions and resource allocation.

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In this episode of School Business Insider, we explore the transformative framework of Academic Return on Investment (AROI) and its potential to align financial resources with academic outcomes. Joining us are Tim Hilker, Assistant Superintendent for Administrative Services at Washington-Saratoga-Warren-Hamilton-Essex BOCES, and Joe Greco, Director of Budget and Program Integration at Saratoga Springs City School District.

Tim and Joe share their expertise in using AROI to bridge the gap between instructional goals and financial realities, fostering collaborative decision-making and data-driven strategies. From evaluating program effectiveness to navigating difficult conversations, they offer actionable insights and real-world examples to help districts make intentional, impactful decisions. Whether you're grappling with limited resources or seeking to streamline operations, this episode is packed with valuable takeaways.

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