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Dynamic Budget Projections© is an exciting tool offered by MSBO for school districts to use for financial forecasting. The program was designed exclusively for Michigan school districts and is available for purchase only through MSBO.
Dynamic Budget Projections© is a financial model that provides multi-year budget projections in an Excel template.
The entire program is easy to understand, simple to use, and presented in a colorful and graphic format. It makes communicating financial information easy for school districts. The ability to create multiple "what if" allows you to present different scenerios.
One of the most exciting features of the template is a simple, one-page summary called "The Big Picture." The Big Picture is a an easily understandable communications tool that can be used with board members, the superintendent, negotiations team, and community members.
Training is required for the initial purchase only and is available at regional training sites scheduled periodically by MSBO.
You'll find that the purchase of Dynamic Budget Projections© will improve your productivity and efficiency.
Dynamic Budget Projections©:
Presents financial information clearly and succinctly for your:
- Board Members
- Superintendents
- Staff Members
- Negotiations Team
- Community Members
Features of Dynamic Budget Projections©
- Simple to use
- Easy to understand
- Allows multiple "what if" scenerios
- Color-coded to easily track details associated with each program category
- Information from Data Input Sheet automatically updates:
- Revenue Projections
- Expenditure Projections
- Annual Surplus (Deficit) and Fund Balance
- All Charts and Graphs
- Powerful Excel features at work in the background
- Provides multi-year impact of program and budget decisions
- Powerful projection capabilities
- Affordable
- Allows you to make more informed budget decisions
- Improves productivity and efficiency
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Version 2010 Annual Maintenance Information
The PowerPoint describing the features of Dynamic Budget Projections Version 2009 software is available (1 slide per page; 6 slides per page). This also highlights the changes made to the program for 2009. (10/30/08)
To order Version 2010:
Over 370 districts have purchased this software. Due to substantial changes in the state aid act and the new property tax classifications and calculations, all previous versions of Dynamic Budget Projections software will not calculate state aid or tax revenue correctly. The changes to the state aid formula and property tax base are complex and could result in major errors in your budgets if you use an old version.
Is your district's software up to date?
Training: Upcoming training sessions for the K-12 version 2010:
- Tuesday, April 27, 2010; MSBO Annual Conference (check the appropriate block on your Conference registration form)
Please bring a copy of the following documents:
ISD Version
Complete this purchase form and return to MSBO. The Release Memo from RCN provides additional information. (1/30/06)
Frequently-Asked Questions about Dynamic Budget Projections©:
Q: I'm an experienced Excel user; do I still need training?
A: Yes, training is required. The program is very easy to use because there are very powerful Excel features at work in the background. The training is focused entirely on how the program functions and the assumptions used in the financial forecasting program, not on how to use Excel.
Q: How much does the software program cost?
A: The program costs $600 and includes training for one person.
Q: How much does training cost?
A: Training is included for one person in the price of the software. To train additional people at a training session, the cost is $75 per person. Individual or small group training can be arranged for your district. Contact MSBO 517.327.2581 to schedule.
Q: How much is the maintenance fee?
A: The annual maintenance fee, depending on its complexity, will cost approximately $100-$150 per year per district.
Q: Who do I call for support if I have a question?
A: Contact Bob Dwan, MSBO, 517.327.2581, for assistance.
Q: What version of Excel do I need to run the program?
A: The program was developed in Excel 2003 and has been successfully installed in school districts using Excel 2000. We believe it will work for earlier versions, but cannot guarantee compatibility. If you purchase the program and it does not work because of your obsolete Excel version, you can either update Excel or we will refund your money for the program.
Q: Does the program also work for hold harmless districts?
A: Yes, it does. There are special sections that relate only to the hold harmless districts.
Q: Does the program also work for three-year blend districts?
A: Yes, it does. The program calculates the current year blend and also determines your eligibility for future years based on your enrollment projections.
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