ASBO New York Partner Frontline (Forecast5) Presents Monthly Data & Analytics Tip

With the ending of ESSER dollars coupled with the settlement from the Foundation Aid lawsuit coming to an end, a phrase heard quite a bit over the last few years is the looming “fiscal cliff”. The impact this could have on districts is discussed frequently in school business offices but how is that information and potential impact being discussed with your school board and community? Visuals from our Comparative Analytics tool like the Revenue Bar Chart, Tax Levy Per Pupil and State Aid Breakdown can help tell the story of where the district has been in terms of funding from Local, State and Federal sources.

Then looking to the future, utilizing visuals from our Financial Planning Analytics tool to track spending can help you to forecast where potential shortfalls may occur and adjust where needed.

Being open and transparent is key during uncertain times. Having clear, concise visuals to tell your story helps to not only convey district priorities, both strategically and financially but also educates your community on important aspects of school finance.

For more information, please contact Brett Williams, bwilliams@frontlineed.com, 315.978.6010