Track 2: Financial Health Analysis
In this session you will discover the key role the financial solvency ratio, unspent balance, cash balance, enrollment, assets, liabilities, restricted, committed, assigned and unassigned 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.
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