CFPM Workshops

Comprehensive Financial Projection Model (CFPM) Fall Workshops

ISFIS and Piper Sandler will again be hosting a series of workshops where you will have the chance to complete an in-depth five-year comprehensive projection model for your district. We will be utilizing the Comprehensive Financial Projection Model (CFPM) developed in partnership with our entities. The CFPM provides you with a five-year projection of property tax rates, unspent authorized budget, solvency ratio and a detailed aid and levy worksheet for FY 2023 through FY 2027. We will also cover customizable financial reporting templates, and you will leave with a district-specific 5-year presentation that can be shared with your Board and the public.

There is no charge for the CFPM basic software, included with ISFIS finance subscription; however, to cover the costs of the in-person conference and meal, we are charging a fee of $75 for the first person and $50 for each additional person from your district that attends one of the in-person sessions. The virtual sessions are free for ISFIS Subscribers. We encourage both superintendents and business officials from districts to join us as a team. Space is limited at both the in-person and virtual sessions, so please register in advance.

 

Registration

We encourage SBOs and Supts to attend as a team, but please complete one registration for each person who will be attending to ensure we have contact information for each attendee. Registration fees will be invoiced to the district by ISFIS after the workshop.  For questions, contact Jen Albers at ISFIS. Workshops are completed for 2021. Thanks to everyone who attended. Learn more about the CFPM.

 

 

Dates, Times and Locations

We are offering three in-person locations (Ankeny, Carroll and Cedar Rapids) and several virtual sessions. Space is limited at each session.

 

Tuesday, October 19, 2021 - Carroll In-Person Session

Workshop will be held from 10am-3pm and includes lunch. 

Carrollton Inn, 1730 US-71 | Carroll, IA 51401

 

Thursday, October 21, 2021 - Cedar Rapids In-Person Session

Workshop will be held from 10am-3pm and includes lunch.

The Hotel at Kirkwood Center7725 Kirkwood Blvd SW | Cedar Rapids, IA 52404

 

Friday, October 22, 2021 - Virtual

Virtual workshop will be held from 9:30am-noon.

 

Tuesday, October 26, 2021 - Virtual

Virtual workshop will be held from 1-3:30pm.

 

Wednesday, October 27, 2021 - Ankeny In-Person Session

Workshop will be held from 10am-3pm and includes lunch. 

FFA Enrichment Center1055 Southwest Prairie Trail Parkway | Ankeny, IA 50023

 

Thursday, October 28, 2021 - Virtual

Virtual workshop will be held from 9:30am-noon.

 

Materials Required   

  • Laptop & Power Cord - Wifi-enabled laptop with Microsoft Excel loaded. If you use a Mac, it is strongly recommended that you use the Windows version of Excel. Talk to your Tech Administrator in advance.

  • 10-key (if you're used to using one for typing numbers)

  • Certified CAR Reports from FY 2021 in Excel Format)

    • FY 2021 Balance Sheet by Fund

    • FY 2021 Budget Crosswalk

    • FY 2021 Expenditures by Fund, Function, Object (General Fund - All Facilities)

    • FY 2021 Expenditures by Fund, Function, Object (Management Fund - All Facilities) 

    • FY 2021 Miscellaneous Income and Actual Expenditures

  • Estimated Special Education Supplement Surplus or Deficit for FY 2021

  • DOM Commercial and Industrial Replacement Amount (linked at https://dom.iowa.gov/document/commercial-industrial-replacement-payments
  • Your DE district ID and password

  • Please have copies of the following documents available in the event the DE Portal is unavailable during the meeting:

    • Certified Enrollment as of October 2021

    • Enrollment by Grade Level (BEDS) - kids in seats

    • Resident Special Ed Counts by Level

 

Registration

We encourage SBOs and Supts to attend as a team, but please complete one registration for each person who will be attending. Registration fees will be invoiced to the district by ISFIS after the workshop. For questions, contact Jen Albers at ISFIS. 

 

Workshops are completed for 2021. Thanks to everyone who attended. Learn more about the CFPM.