Course Details: State Funding & Other Five-Year Forecast Challenges
Target Audiences: School Districts
Category: Accounting & Auditing
This course will cover an overview of HB110 and the new state funding, the changes that will affect district state aid and the importance of capturing costs back into the General Fund that have been charged to Student Wellness and Success Fund 467 and ESSER Funds. The course will provide essential information about the new state funding that will be used for forecasting of revenue and expenditures, along with projecting returning costs to the five-year forecast.
Understanding the changes that occurred in the state funding formula is very important for every school business official. Understanding the need to capture accurate returning general fund costs and the fiscal year they are returning is crucial to an accurate five-year forecast.
Chris has a Masters of Business Administration, major in finance, a Bachelors of Science in Business Administration, major in accounting from Miami University, Oxford, Ohio, and Associate of Science, major in Business Administration from Edison State College, Piqua, Ohio.
Chris holds the following licenses, registrations and certificates:
Ohio Public School Treasurer Ohio Public School Business Manager Ohio Health, Life, and Variable Annuity Insurance Products Registered School Business Administrator Certified Government Financial Manager Ohio Financial Accountability Certificate
Chris has over 35 years of successful leadership and management experience, with 28 years as an Ohio public school treasurer/CFO and 15 years as president/CEO of K-12 Business Consulting, Inc. specializing in forecasting services, treasurer and superintendent searches.