District Cash Balance in Today’s Era of School Finance
37 minutesIn the era of the new school funding plan, multiple rounds of ESSER, etc., there is an ever-growing need to effectively message and plan for cash balances. Help your taxpayers, unions, and other stakeholders understand the role of cash balance and its financial implications to your district. We will also discuss and review key performance indicators that can help put your cash balance in perspective, and build understanding as to its importance in long-term financial stability.
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Financial Planning and Budget Management Analytics
Financial Planning and Budget Management Analytics (formerly 5Cast and 5Cast Plus) make it easy to understand how your district is performing against your current year budget and quickly create budget projections and compare potential financial scenarios.
With Financial Planning and Budget Management Analytics, you can better protect your district from the impact of unstable or unsustainable revenue sources, such as ESSER funding, along with:
- Compare “what-if” scenarios.
- Develop a multiyear budget plan.
- Projecting current-year monthly cash-flow.
- Creating Board-ready monthly reports and visuals.
- And much more.