Projecting your Average Daily Membership (ADM) is a critical piece in estimating General Education revenue. While there is no way to predict exactly how many students you will have each year, there are some tools that can help you determine if your numbers are "reasonable". This session will provide a brief description of the types of pupil units and where they are used. We will review tools that look at historical Adjusted ADM and estimate future year Adjusted ADM. This can be used for budgeting General Education revenue in a future year. We will also look at fall enrollment and estimate end of year Adjusted ADM to assist with budget revisions.
MASBO Institute is a comprehensive introduction to all areas of school business management. It is intended to be a foundation for those new to the profession as well as for those already in the profession to gain a wider overview and perspective of school business functions. The Institute will be held in a hybrid format with recorded content and live sessions released over two weeks. Attendees should block out the days so they can fully engage. In order to successfully complete the MASBO Institute, at least 90% of each live and recorded session must be attended or viewed.
The New Member Circle is a monthly virtual meeting geared for active members with less than two years in the profession. It is open to active members in any job function, although it may apply more to those in the business manager role, as there will be a wide range of topics covered. Meetings will be facilitated by experienced MASBO members, and while there will always be an informational component, the primary purpose is to facilitate networking and provide new members with a way to discuss their questions, solutions and challenges in their roles.
When new school board members are elected, it is an opportunity to build relationships that will be beneficial to all. Steve Anderson, Business Manager at Proctor Schools, will share his experiences and suggestions on how to create these important connections.
Curious about how the legislature works? Wondering how to effectively communicate with elected officials? If so, we have a session just for you. This session will help you gain an understanding of the Minnesota legislature and give you a 101 on how it works. You will learn the importance of grassroots advocacy, different ways you can connect with your elected officials and how to craft your elevator pitch to tell your school finance story.
Learn what your roles and responsibilities are as a bond issuer, both before and after the issuance of debt. We will walk through the key components of a bond transaction and discuss who and what is involved in the debt issuance process, and what comes after the sale and closing.
This course will explain the general ed components, including what they are, and what types of expenditures to code to each. The session also covers how state aids are related to the different systems. It will be offered as a live virtual session utilizing Zoom.
This session provides an overview of the cycles and timelines of budgeting for schools, and includes discussions of budget procedures and assumptions, including strategic planning and contract/bargaining. Issues associated with budget reductions, including community involvement and staff reductions, will also be covered. It will be offered as a live event as well as ondemand at a later date.