FIS 212: Fund Balance Management –The Key to an Effective Budget
http://meet22812578.adobeconnect.com/p2hq5ysixh8/Member Price : Complimentary
Faced with escalating operating costs and minimal increases in revenues, you must understand the importance of fund balance management to preserve educational programs. Operating deficits cannot be maintained indefinitely and an adequate fund balance must be maintained. This webinar will help you understand the various components of fund balance (restricted, assigned, unassigned, etc.) and how they can be utilized when developing the annual budget. Learn the concept of planned budget deficit vs. actual operating deficit and the long-term impact on fund balance. Understand how best to approach fund balance forecasting. At the end of this webinar, you will be better equipped to understand your administrations’ budget plans and ask critical questions during the budget development process. School board members, business administrators and superintendents are encouraged to attend.
Originally Aired: 1/15/2014
Course number: FIS 212
School Board U Recognition points: 5 points
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