News & Press: Newswire

ASBO New York Partner Forecast5 Presents Monthly 5Sight Tip

Wednesday, June 10, 2020  

 

 

Utilizing data from a district’s NYSED ST-3 filing, this analytic highlight’s the expenses incurred by a district within predetermined object codes.  Further detail can be ascertained by utilizing preset filters, and additional information can be gleaned off of focusing on particular items.   

 

Questions This Can Help Answer:

  • In what areas of expenses are we spending the most?  The least? 
  • What trends have developed within our expenses that can help us in forecasting the next several years?
  • Amid the COVID-19 pandemic, and with budget cuts possible, where may we be able to make changes with the least amount of impact to our students, staff, and community?
  • Are there areas of expense that stand out or seem higher or lower than expected?  How can these be addressed?

 

To review this analytic, please contact your 5Sight Analytics Advisor, Gretchen DeBobes at (630) 955-7904 or gdebobes@forecast5analytics.com.