Financial Planning Model

The Financial Planning Model (FPM) is a multi-worksheet planning system into which enrollment, revenue, expenditure, staffing and audit data are entered. The system provides options to enter the financial goal of the district, staffing and staffing ratio adjustments, varying revenue and expenditure assumptions and anticipated changes in reserved accounts. With the FPM a school district can simulate any financial scenario that can be envisioned. The most frequent simulations are for changed referendum amounts, changed staffing in any staff category, one-time revenues or expenditures, changed enrollment projections and staff negotiations alternatives and results. With the FPM a district can graph four variations in their Financial Plan to review the results.

To learn more click on Features of the FPM. To see graphs from the Financial Planning Model, click on the following links: G3.pdf, variations worksheet.pdf

Enrollment Projection Model

ENPRO uses K-12 district enrollment history and the current year enrollment to project enrollment by grade in future years. The enrollment history may be the October seat count , the End-of Year Adjusted Average Daily Membership or the enrollment history that the district provides. The user may choose between 17 methods of projecting enrollment using either the Weighted Cohort Survival Method or Numeric Survival Method.

ENPRO provides assistance to school districts for developing Kindergarten projection using the historical birth data for all counties and zip codes in the state of Minnesota.

To learn more click on Features of ENPRO XIV. To see some graphs from ENPRO, click on the following links: enrollment graph, Line Graph for web.pdf.

Good information is vital to effective management. The research series was developed to support the information needs of school managers. These reports and systems provide information to users about their school districts and how their district compares to other MN school districts. The systems included in this series allow the district user to make a data entry determination in the report and change the results that are presented. In essence, the district user can see the comparison results on a wide range of school district issues by entering the district numbers of those districts for which the comparison reports are desired. We believe these reports are essential for information management.

The annual subscription fee for this service is $1250. The reports will be prepared with the most current data and will be updated as new data becomes available. To learn more, click on the following link: Features of Research Series.

Elections Planning System

The Elections Planning System (EPS) of SchoolFinances.com was developed to provide a local school district with a complete voter listing and a listing of their voting history.

SchoolFinances.com uses the voting records of the state of Minnesota and can develop voter lists for individual school districts and provide them to school districts in Excel files. SchoolFinances.com can provide:

1. A master roster of school district voters which lists all the registered voters in the district
2. Voter lists for 2002, 2003, 2004, 2005, 2006, and 2007 general, primary or special elections.
3. School District Parent and Staff Listings.
4. Voter Age Matrix presents the voters of a district into 13 age groupings for analysis.
5. Voter tabulations by Precinct and Minor Civil Division analysis of voters by precinct and minor civil divisions.

To learn more, click the following link SchoolFinances.com Voter Options. To see a sample of a voter listing, click on the following link; Voter List Sample.

The Negotiations Costing Model was developed to assist school districts to accurately cost negotiations. The model allows the user to see the immediate summary results of dollar or percentage adjustments made to the salary schedule, and can accommodate a salary schedule with 12 lanes and 40 steps (for an additional fee SF.com can modify the system to handle more lanes/steps). The user can make unique salary schedule cell adjustments in year 1 or year 2. The model automatically prepares a district settlement summary and MSBA settlement report.

To learn more, click on Features of Negotiations Costing System

Census Geograhic Report

SchoolFinances.com has demographic software that allows a geographic area to be drawn on a map and then details the population within that area through the use of a database. The database includes U.S. Census files, Bureau of Labor Statistics estimates, Internal Revenue Service Statistics on tax filers and Medicare eligible population counts. The tables of data present actual data for 1990 and 2000 and estimates for 2007 and projections for 2012. Some of the data included in the report are: Households with and without children, Persons in Families status, Population by Age for 19 Categories, Population estimates by Male and Female, Population by Race and Hispanic Origin categories, and Educational Attainment of the population.

To learn more click the following link. Features of Census Demographic report

Power HR

Power HR is an on-line employee application system has been in development for the past several months. The system is a hosted Internet application that is not expensive and that promises to save time for those involved in posting, collecting materials, interviewing, and selecting employees.

To learn more click the following link: Features of PowerHR.