Five Year Forecast

Early next week the next required ‘P’ collection will open for districts to complete submissions by the end of May.  After analysis of the 5-year forecast in the fall, it appears some districts are not reporting all line items required.  ODE will be adding a couple checks:

  • If all line items are not included, the entire forecast will fatal.  Even if they are forecasting zero expense/revenue, it is a requirement that all lines are included in each submission.  If they are missing a row, it will fatal everything and they will not be permitted to submit a collection with zero data, so they may need to go back and add line items/data rows for zero balances, expense and/or revenue. 
  • A lot of districts are also ignoring warnings when totals don’t add up.  Totals are not always precise (calculated with pennies, rounded to nearest dollar), so small variations may be ok, but ODE is adding checks for too large of a variation because this could indicate a larger issue and will fatal the forecast

As always, NEOnet is happy to submit your forecast. Please email them to fiscalhelp[at]neonet[dot]org. Please remember to include your assumptions as they must be attached with the submission in the data collector.

If you are feeling adventurous and would like to learn how to submit your forecast on your own, please contact us to schedule a one-on-one training.

 

Alpha Maintenance

As you know, NEOnet performed maintenance on the Alpha last weekend. This maintenance provided additional disk space, allowing or the expansion of the consortium.  With Wadsworth and Field migrating to NEOnet in July, the extra space will make the transition smoother. We thank you for your cooperation while this maintenance was completed.

 

Ohio eFinancePLUS Users’ Group Meeting

The MCOECN, along with the eFinancePLUS Advisory Committee, will be hosting the 2nd Ohio eFinancePLUS Users’ Group meeting on Wednesday, May 23rd from 9-4.  The event will take place at R.G. Drage Career Technical Center in Massillon.  Registration will begin Wednesday, April 17th. We expect a full day dedicated to sharing eFinancePLUS knowledge among colleagues. The committee is looking for session ideas and presenters. If you are interested in being involved, please contact Lisa Nash at nash[at]neonet[dot]org.  More information will be forwarded as it becomes available.  

March
2018
Fiscal Update