Multiple Funding Streams

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“In 2022 St Bede’s College engaged Plan Heaven to develop the school’s Long Term Maintenance Plan (LTMP). Plan Heaven was recommended to me by professionals in the property management industry and our due diligence convinced me that John Bradley and the Plan Heaven team provide an excellent product at a reasonable price.
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Multiple Funding Streams

Multiple Funding Streams allows you to allocate work by different sources of revenue

Would you like a separate report that breaks down which funding stream each work project is to be funded from? Turn on the Multiple Funding Streams feature to achieve this. 

1.  What is Multiple Funding Streams?

Multiple Funding Streams allow you to apply a funding category to each planned work project. Many integrated schools have funding streams such as the Proprietor's Policy 1 money, the BOT's special fund, or the revenue from parents or boarding fees. So, if you want a report that separates the planned work into your own defined categories, just turn on Multiple Funding.  

2.  If you would like to use Multiple Funding

Multiple Funding is turned on by selecting a radio button behind the Plan Settings Panel in the Dashboard for your school's account. Note: A school can appoint any number of persons it chooses to access the Account and Dashboard, but we can also manage all or some of this for you. See if you want to manage the plan yourself.

Once the feature is activated, you can add as many different Funding Streams as you like and use your own naming conventions.  

At the time of having us set up your LTMP, we will discuss this with you and set them up as required.  They can be renamed, deleted, or new ones added later if required.  

3.  Reporting and Reviewing

Within your LTMP, there will be a table listing all the jobs planned along with the projected cost and the year the work is planned.  But if you want to see these jobs listed under their separate funding streams, you will need to print another separate report (or we can supply this for you).  Your LTMP will be quite a lengthy document with just the primary data, and we've learned it's best not to clutter it with data listed under different categories. 

Summary

So if you would like a separate report that lists your planned works in different funding streams, just ask us to turn on the feature. 

Ends

If you have any questions and would like to know please contact support@planheaven.co.nz or 0800 109 327

The Plan Heaven team.