1 / 20

Mastering School District Budgeting: Fiscal Communication & Long-Term Strategies

Join IASA's Administrative Academy #462 to learn fiscal communication, budget projection software operation, and long-term borrowing options for school districts. Stay updated on the latest news from Springfield's FY 2013 budget and understand the challenges faced by Illinois in managing its financial situation.

joey
Télécharger la présentation

Mastering School District Budgeting: Fiscal Communication & Long-Term Strategies

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Finance Knowledge • IASA Sponsored Administrative Academy # 462

  2. Goals • To learn the latest news from Springfield about the FY 2013 budget • To learn how to operate the ISBE Budget Projection Software • To learn how to communicate fiscal information to your school board and community • To learn about short and long term borrowing options available to school districts

  3. Budget, Budget, Budget

  4. ISBE Budget = ?Gov. Quinn = ?

  5. Madigan on Budget • Illinois is in for a long haul when it comes to pulling itself out of its financial mess • Madigan is arguably the most powerful man in Springfield • Illinois’ underfunded pension liability now exceeds $85 billion • School districts don’t pay into teachers’ pension systems like other employers do, leaving that obligation to the state

  6. Explaining “budget makers in Springfield must learn to live within their means.” • Madigan would not say whether he thought the state should make the recent 66 percent income tax increase permanent, saying he couldn’t address that until it’s set to expire in 2015.

  7. Governor’s Budget Address

  8. Problem with Illinois

More Related