Track 2: Financial Health Analysis |
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In this session you will discover the key role the financial
solvency ratio, unspent balance, cash balance, enrollment, assets, liabilities,
undesignated/unreserved fund balance, total revenues, assessed valuation,
state foundation aid, and supplemental levies have in determining your
school district's financial position. This session will share the impact
of a change in one of these key elements and will teach you how to effectively
use these key numbers to build financial trend information for monitoring
your school districts financial position. You will discover how to use
the audit report and other district financial documents to trace an historical
trend analysis and how documents lead to creation of a five-year finance
plan. |