Comprehensive Financial Projection Model (CFPM) Fall Workshops
CFPM 2024 Fall Workshop Details
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 2026 through FY 2030. 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 $95 for the first person and $65 for each additional person from your district that attends one of the in-person sessions. Superintendents and business officials from the district are encouraged to join us at the workshop as a team. The virtual sessions are free for ISFIS Subscribers, though we strongly encourage in-person attendance for anyone new to the Model to allow for more personalized attention and support. 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. The ISFIS Fall Workshops are concluded for 2024. Thanks to all who were able to join us. View the CFPM Subscriber Webpage for more information about the CFPM.
Dates, Times and Locations
For Fall 2024, we are offering four in-person locations (Des Moines, Cedar Rapids, Council Bluffs and Storm Lake) and two virtual sessions. We strongly recommend in-person attendance for new SBOs or anyone new to the Model.
Tuesday, October 22, 2024 - Storm Lake In-Person Session
Workshop will be held from 10am-3pm and includes lunch.
King's Pointe Resort, 1520 E Lakeshore Drive | Storm Lake IA 50588
Thursday, October 24, 2024 - Des Moines In-Person Session
Workshop will be held from 10am-3pm and includes lunch.
Des Moines Botanical Center, 909 Robert Ray Drive | Des Moines, IA 50309
Monday, October 28, 2024 - Cedar Rapids In-Person Session
Workshop will be held from 10am-3pm and includes lunch.
The Hotel at Kirkwood Center, 7725 Kirkwood Blvd SW | Cedar Rapids, IA 52404
Wednesday, October 30, 2024 - Council Bluffs In-Person Session
Workshop will be held from 10am-3pm and includes lunch.
Lewis Central CSD, Operations Building, 3902 Harry Langdon Blvd | Council Bluffs IA 51503
Monday, November 4, 2024 - Virtual
Virtual workshop will be held from 1-4pm via Zoom, though we strongly encourage in-person attendance if possible for more personalized support and assistance.
Tuesday, November 12, 2024 - Virtual
Virtual workshop will be held from 9am-12pm via Zoom, though we strongly encourage in-person attendance if possible for more personalized support and assistance.
Materials Required
More details and specific instructions will be circulated to those registered via email about a week before the workshop.
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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.
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10-key, Mouse, and Other Peripherals (whatever you're used to using)
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Certified CAR Reports from FY 2024 (in original unchanged Excel format as downloaded, not PDF or Google Sheets). Have these downloaded to a place on your computer where you can easily find them during the workshop.
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FY 2024 Balance Sheet by Fund
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FY 2024 Budget Crosswalk
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FY 2024 Expenditures by Fund, Function, Object (General Fund - All Facilities)
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FY 2024 Expenditures by Fund, Function, Object (Management Fund - All Facilities)
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FY 2024 Miscellaneous Income and Actual Expenditures
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Estimated Special Education Supplement Surplus or Deficit for FY 2024 (Screen Eight)
- Your DE district ID and password
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Please have copies of the following documents available in the event the DE Portal is unavailable during the meeting:
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Enrollment Counts Certified Enrollment as of October 2024 (SRI Summary Comparison)
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Enrollment by Grade Level (BEDS) - Kids in Seats
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ESA Counts - Certified Enrollment
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Resident Special Ed Counts by Level
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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.
The ISFIS Fall Workshops are concluded for 2024. Thanks to all who were able to join us. View the CFPM Subscriber Webpage for more information about the CFPM.
ISFIS CFPM Pro Model Subscription
The CFPM Pro Model is a do-it-for-me option available for $2,000 for FY 2025 beginning in the fall, and includes setup of your district's model by ISFIS or Piper Sandler staff, enhanced scenario planning options and assistance, one-on-one discussion around your district's assumptions within the model, and a virtual presentation of your projection to district stakeholders upon request. Pro Model Subscribers are also encouraged to attend these CFPM Fall Workshops to learn more about the model setup, use, and scenarios. Learn more about the CFPM Pro Model at www.iowaschoolfinance.com/cfpm, by attending the CFPM Fall Workshops, or by emailing Jen Albers.