To navigate today's fiscal challenges successfully, school districts must constantly examine the long-term fiscal implications of policy, programmatic, and human resource decisions on their organization. They must look at the effect of such items as bargaining agreements, contracted services, placement costs, transportation costs, benefits, supplies, property, capital improvements, and debt service. They must maintain fiscal prudence while meeting the needs of students and the wants of the community. In the face of rising costs and reduced revenues from federal, state, and local sources, the challenges can seem insurmountable. But by implementing a long-range fiscal plan, they don't have to be. This paper discusses three stages of developing a long-range fiscal plan: (1) developing a plan; (2) analyzing the plan; and (3) implementing the plan. (Contains 1 table.)