Essentials of Budgeting & Forecasting 2020-2021

Recorded On: 03/10/2021

  • Registration Closed

Date: 3/9/2021 to 3/10/2021

Location: Online

Cost: Member - $200 / Non-Member - $480, price includes the cost for the course book.


A course for those seeking their treasurer’s license through OASBO’s, ODE Approved Pathway 3, and other school business officials wanting a refresher in budgeting and forecasting.  The course provides comprehensive content in the following areas: budget development, revenue and expenditure cash flow, forecasting and forecasting assumptions and content on the ASBO International’s International’s Meritorious Budget Award Program.

College credit is available for this course through Ashland University. Click here for more and to register with Ashland for college credit. ***You must also register for the course with OASBO by clicking the Register button on this page.***



AGENDA


Day 1
8:00 a.m.
Registration, Class Instructions, and Introductions

8:05 a.m.
Course Overview & Chapter 1 - Financial Reporting and Annual Audits (CPIM Approved)

Katie Johnson, Deputy Executive Director, OASBO 
Ryan Pendleton, CFO/Treasurer, Akron City Schools


8:35 a.m.
Chapter 2 – Appropriations & Budgeting (CPIM Approved)

Ryan Pendleton, CFO/Treasurer, Akron City Schools 

9:35 a.m.    
Break

9:45 a.m.    
Chapter 3 - Introduction to Forecasting; and Chapter 4 - Enrollment Projections (CPIM Approved)

Becky Jenkins, Treasurer/CFO, New Albany-Plain Local Schools, and OASBO Past President 
Kristine Blind, CFO/Treasurer, London City Schools


10:45 a.m.    
Break

10:55 a.m.
Chapter 5.1 - Forecasting Revenues - Local Property and Income Taxes (CPIM Approved)

Mike Sobul, Consultant, Forecast5 Analytics, and Retired Treasurer

12:10 p.m.          
Lunch

1:00 p.m.
Chapter 5.2 - Forecasting Revenue - Calculating & Projecting the Components of State Aid (CPIM Approved)

Chris Mohr, K-12 Business Consulting, Inc.; OASBO Past President, and Retired Treasurer 

2:15 p.m.             
Break                   

2:25 p.m.
Chapter 5.3 - Revenue Forecast - Other Major Revenues (Medicaid Reimbursement; Excess Cost; Tuition; Catastrophic Aid, Etc.) (CPIM Approved)

Ryan Ghizzoni, Consultant, Forecast5 Analytics; and OASBO Past President 

3:25 p.m.             
Adjourn  


DAY 2

8:30 a.m.    
Chapter 6.1 - Forecasting Expenditures - Salaries and Wages (CPIM Approved)

Ernie Strawser, Senior Vice President, Forecast5 Analytics; OASBO Past President, Retired Treasurer 
Ryan Ghizzoni, Consultant, Forecast5 Analytics; and OASBO Past President


Chapter 6.2 - Forecasting Expenditures - Retirement and Insurance Benefits (CPIM Approved)

Ernie Strawser, Senior Vice President, Forecast5 Analytics; OASBO Past President, Retired Treasurer 
Ryan Ghizzoni, Consultant, Forecast5 Analytics; and OASBO Past President

10:00 a.m.
Break

10:10 a.m.
Chapter 6.3 - Forecasting Expenditures - Other Expenditures (CPIM Approved)
Chris Mohr, K-12 Business Consulting, Inc.; OASBO Past President, Retired Treasurer 
Todd Griffith, Treasurer, Licking Heights Local Schools


10:55 a.m.       
Break

11:05 a.m.
Chapter 6.3 - Multi-Year Projections and Planning for Capital Outlay, Textbooks, Buses, and Other Major Items (CPIM Approved)

Ernie Strawser, Senior Vice President, Forecast5 Analytics; OASBO Past President; and Retired Treasurer 
Ryan Ghizzoni, Consultant, Forecast5 Analytics; and OASBO Past President

12:05 p.m.       
Lunch

1:00 p.m.
Chapter 7 - Cash Flow, Fiscal Caution, Watch and Emergency (CPIM Approved)
Chris Mohr, K-12 Business Consulting, Inc.; OASBO Past President, and Retired Treasurer

2:00 p.m.
Break

2:10 p.m.
Chapter 8 – Analytics (CPIM Approved)

Cajon Keeton, Treasurer/CFO, Benton-Carroll-Salem Local Schools
Jeff Dornbusch, Treasurer, Port Clinton City Schools 


3:10 p.m.        
Course Review               

3:30 p.m.         
Adjourn     


Katie Johnson, Esq.

Deputy Executive Director, OASBO

Katie Johnson is the Deputy Executive Director of Ohio Association of School Business Officials (OASBO). As Deputy Executive Director, Katie serves as the advocacy lead for the association and as in-house legal counsel, keeping staff and members abreast of legal and regulatory compliance issues in school business. In addition, she develops curriculum to support OASBO’s strategic plan and the Ohio school business profession.

Prior to joining OASBO, Katie represented school districts as a public finance attorney, focusing her practice on serving as bond counsel and underwriter's counsel in debt and lease financings and as general counsel for Ohio political subdivisions. Specifically, Katie worked with school districts on bond issues, note issues, leases, tax levies, public records and other matters of concern to school business officials.

Katie also serves on boards and committees focused on public finance, including serving as a member on the Finance and Appropriations Committee for Columbus City School District, as Treasurer of the Confluence Community Authority, and as President of the Ohio Chapter of Women in Public Finance. 

Ryan Pendleton

CFO, Akron Public Schools

Ryan Pendleton is the Treasurer/CFO of Akron Public Schools where he oversees a budget of more than $500 million in public funds.  Ryan is dedicated to serving the community, in particular the students of Akron Public Schools.  He is very active in state and federal issues concerning education and the potential impact on the students of Ohio.  Ryan is a Leadership Akron Class 32 graduate and serves as the Legislative Chair and Northeast Region Director for OASBO (Ohio Association of School Business Officials).  Prior to working at Akron Public Schools, Ryan was the Treasurer/CFO of Barberton City Schools for nine years and worked previously as a financial advisor. 

Rebecca Jenkins

Treasurer/CFO, New Albany-Plain Local Schools

Becky started her career as the assistant treasurer for her Alma Mater, Martins Ferry City Schools. After 12 years, she accepted the treasurer/CFO position for the Wellsville Local School District. Her love of the Central Ohio area found her accepting the assistant treasurer position at the fastest growing school district in the state of Ohio - Olentangy Local Schools. After a year and a half she was promoted to the Treasurer/CFO role. The district grew over twice its size to over 16,000 students under her financial leadership. After nine years with Olentangy Schools, she was recruited by the New Albany-Plain Local Schools and has been with this district for three years. Becky has had the fortune of leading districts considered both wealthy and poor which gives her a unique perspective on the various challenges diverse districts face.

During these career transitions, Becky also helped lead OASBO. She held the offices of Board Southeast Region Director, Vice-President, President Elect, President and Immediate Past President. Through the years she has served on numerous committees and continues to serve on the Legislative Committee as well as many focus committees. Becky is also asked to speak on a variety of topics not only for OASBO seminars but other state organizations as well. 

Kristine Blind

Treasurer/CFO, London City Schools

Kristine Blind is the CFO/Treasurer for the London City School District in Madison County. She previously held this position from August 2011 through August 2017 before leaving for the same position with Gahanna-Jefferson Local Schools.

Kristine has been involved in school finance since 1996, beginning as a support staff member in Washington County. She has held several positions throughout her career before becoming a Treasurer in 2009. As a long-time OASBO member, Kristine has participated in numerous committees and serves as a seminar director, mentor as well as frequent presenter.

Mike Sobul

Consultant, Forecast5 Analytics, and Retired Treasurer

Mike Sobul is a Senior Analytics Advisor with Forecast5 Analytics, a national company with over 2,000 clients that provides public sector business intelligence software, consulting, and support services to school districts, higher education institutions and local governments. 

Prior to joining Forecast5, Mike was the CFO/Treasurer of the Granville schools from November 2011 through May 2019 and a consultant with Public Finance Resources from April 2012 until its merger with Forecast5 in May of 2019. 

Mike served as the Section Chief for Forecasting and Special Projects at the Tax Analysis Division of the Ohio Department of Taxation.  He was with the Department of Taxation from December 1986 until his retirement in July 2011.

Prior to joining the Department of Taxation, Mike served for two and one-half years as research associate at the Urban Center at Cleveland State University and two years as a budget analyst for the city of Cleveland. 

Over the past 30 years, Mike has contributed to school funding reform efforts in the Voinovich, Taft, and Strickland administrations.  He also has worked closely with the Cupp-Patterson workgroup since its inception in November 2017.

Mike received his B.A. from Wittenberg University and his Masters of Public Policy from the University of Michigan.  

Chris Mohr

OASBO Past President and Retired Treasurer, K12 Business Consulting

Chris has over 38 years of proven successful governmental finance and management experience and is a licensed school treasurer, business manager, and holds an Ohio Health, Life and Variable Annuity license. He began his career at the Ohio Auditor of State's Office as an examiner and field audit supervisor leaving that position to become Treasurer/CFO and Executive Director of Business Affairs of public school system in 1984. He has served district from $30 million to $200 million in budget and has managed both CFO and Director of Business Affairs simultaneously in Dublin and Springfield CSD. Chris has received many awards during his career including Ohio School Treasurer of the Year, Ohio School Business Manager of the Year and the Virginia Ramsay Award for Distinguished Service to the profession. He brings considerable expertise to school clients in five year forecast assistance in areas of modeling, projecting and presentation; levy analysis; school comparison studies; efficiency reviews; budget preparation and monthly financial report preparation; superintendent and treasurer executive recruiting; mentoring for school business officials, and strategic planning.

Chris earned a MBA majoring in finance and administration, along with a BS in accounting from Miami University of Ohio, and an AS in business administration from Edison State College. He also holds a designation of Registered School Business Administrator and holds the Ohio Financial Accountability Certificate issued by the auditor of state's office. 

Ryan Ghizzoni

Consultant, Forecast5 Analytics; OASBO Past President

Ryan began his career with the Auditor of State’s Office and has served as a school district treasurer for the 16 years. He currently is a Senior Analytical Advisor for Forecast 5.

During his career, he has also served as Treasurer/CFO of the Stow Munroe Falls City School District, the Lorain City School District, the Fairview Park City School District, Berea City School District and Austintown Local School District.  He has been the recipient of 9 Association of School Business Officials International Meritorious Budget Awards (ASBO) and was the recipient of the Ohio Association of School Business Officials 2011 Outstanding Treasurer of the Year Award.   He is a past President of the Ohio Association of School Business Officials, previously chaired the ASBO Meritorious Budget Award Advisory Committee and has served on numerous local, state and national committees.  Ryan holds a Bachelor of Business Administration from the Youngstown State University and is a Certified Administrator of School Finance and Operations.

 

Ernie Strawser

Senior Vice President, Forecast5 Analytics; OASBO Past President, Retired Treasurer

Ernie has over 30 years of public finance experience.  Ernie has served as a CFO, consultant, and developer and instructor of financial forecasting techniques and tools, which have now been used by over two hundred Ohio school districts.   Ernie works to facilitate the understanding of local financial results, trends, and strategies.  He holds both a Master of Science in Administration from Central Michigan University and a Bachelor of Science in Finance from Ohio University.

Todd Griffith

CFO/Treasurer, Licking Heights Local Schools

Todd Griffith has been Treasurer of Licking Heights Local Schools since June 2017. In this position, Mr. Griffith works with the Board of Education and administration to provide prudent financial management and leadership. The Treasurer's Office is responsible for all fiscal operations of the District. This includes budgeting, forecasting, investing, accounts payable, accounts receivable, payroll, financial reporting and serving as public records custodian.

Mr. Griffith received his undergraduate degree from Ohio University and completed his Treasurer’s coursework from the University of Dayton. He holds an active School Treasurer license.  Mr. Griffith is a member of the Ohio Association of School Business Officials.

Cajon Keeton

Treasurer/CFO, Benton Carroll Salem Local Schools

Cajon Keeton is the Treasurer for the Benton-Carroll-Salem School District in Northwest Ohio and is the current Vice-President of the OASBO Board. Prior to becoming a Treasurer Cajon spent 5 years in the classroom as a business and technology teacher. He has a passion for school finance, as well as teaching and learning. 

Jeff Dornbusch

Treasurer/CFO, Port Clinton City Schools

Jeff Dornbusch is the Treasurer for the Port Clinton City School District in Northwest Ohio and is the current Chairmen of the OASBO Ed Finance Committee.  He also serves on his local school board as well as a member of the board of directors for his local community hospital.

Prior to becoming a Treasurer Jeff spent 15 years in the private sector as a corporate controller.  He also has a business education teacher license and holds a Master’s degree in Educational Administration.

Jeff also runs Golden Gate Financial Services, LLC which provide financial consultations to public schools in Ohio.

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Class Structure & Instructions
Open discussion to continue.
Open discussion to continue. Welcome to the Essentials of Budgeting & Forecasting. Each presentation will be live streamed; the recording will then be available if you need to review it. Each chapter PDF is available for preview prior to the event and all presentation slides will be available two days prior to the live stream in case you want to print a copy for note taking. The course manual will be sent after the class. Contact hour credit will be confirmed following the completion of each section listed below.
EBF: Course Overview, Chapters 1-2 Financial Reporting and Annual Audits, Appropriations and Budgeting - Recording
03/09/2021 at 8:00 AM (EST)   |  90 minutes
03/09/2021 at 8:00 AM (EST)   |  90 minutes Meeting ID: 849 7145 0589 Passcode: 486243
CPIM Code - Chapter 1 - Financial Reporting and Annual Audits
By clicking the Get CPIM Code button, I acknowledge that I have watched the video in it's entirety and am now eligible to receive the code.
By clicking the Get CPIM Code button, I acknowledge that I have watched the video in it's entirety and am now eligible to receive the code.
CPIM Code - Chapter 2 - Appropriations and Budgeting
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By clicking the Get CPIM Code button, I acknowledge that I have watched the video in it's entirety and am now eligible to receive the code.
EBF: Chapter 3 - Introduction to Forecasting; and Chapter 4 - Enrollment Projections - Recording
03/09/2021 at 9:45 AM (EST)   |  55 minutes
03/09/2021 at 9:45 AM (EST)   |  55 minutes Meeting ID: 875 9376 8366 Passcode: 229837
CPIM Code - Chapters 3 & 4
By clicking the Get CPIM Code button, I acknowledge that I have watched the video in it's entirety and am now eligible to receive the code.
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EBF: Chapter 5.1 - Forecasting Revenues - Local Property and Income Taxes - Recording
03/09/2021 at 10:55 AM (EST)   |  70 minutes
03/09/2021 at 10:55 AM (EST)   |  70 minutes Meeting ID: 825 0541 0298 Passcode: 353350
CPIM Code - Chapter 5.1
By clicking the Get CPIM Code button, I acknowledge that I have watched the video in it's entirety and am now eligible to receive the code.
By clicking the Get CPIM Code button, I acknowledge that I have watched the video in it's entirety and am now eligible to receive the code.
EBF: Chapter 5.2 - Forecasting Revenue - Calculating & Projecting the Components of State Aid - Recording
03/09/2021 at 1:00 PM (EST)   |  70 minutes
03/09/2021 at 1:00 PM (EST)   |  70 minutes
CPIM Code - Chapter 5.2
By clicking the Get CPIM Code button, I acknowledge that I have watched the video in it's entirety and am now eligible to receive the code.
By clicking the Get CPIM Code button, I acknowledge that I have watched the video in it's entirety and am now eligible to receive the code.
EBF: Chapter 5.3 - Revenue Forecast - Other Major Revenues (Medicaid Reimbursement; Excess Cost; Tuition; Catastrophic Aid, Etc.): Recording
03/09/2021 at 2:25 PM (EST)   |  55 minutes
03/09/2021 at 2:25 PM (EST)   |  55 minutes Meeting ID: 831 0251 1338 Passcode: 416881
CPIM Code - Chapter 5.3
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By clicking the Get CPIM Code button, I acknowledge that I have watched the video in it's entirety and am now eligible to receive the code.
EBF: Chapter 6.1- 6.2: Forecasting Expenditures - Salaries and Wages, Retirement and Insurance Benefits: Recording
03/10/2021 at 8:30 AM (EST)   |  85 minutes
03/10/2021 at 8:30 AM (EST)   |  85 minutes Meeting ID: 864 5607 5342 Passcode: 337424
CPIM Code - Chapter 6.1
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CPIM Code - Chapter 6.2
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EBF: Chapter 6.3 - Forecasting Expenditures - Other Expenditures: Recording
03/10/2021 at 10:10 AM (EST)   |  40 minutes
03/10/2021 at 10:10 AM (EST)   |  40 minutes Meeting ID: 832 2242 8720 Passcode: 823193
CPIM Code - Chapter 6.3 - Forecasting Expenditures - Other Expenditures
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EBF: Chapter 6.3 - Multi-Year Projections and Planning for Capital Outlay, Textbooks, Buses, and Other Major Items: Recording
03/10/2021 at 11:05 AM (EST)   |  55 minutes
03/10/2021 at 11:05 AM (EST)   |  55 minutes Meeting ID: 858 6332 1016 Passcode: 976517
CPIM Code - Chapter 6.3 - Multi-Year Projections
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EBF: Chapter 7 - Cash Flow, Fiscal Caution, Watch and Emergency: Recording
03/10/2021 at 1:00 PM (EST)   |  55 minutes
03/10/2021 at 1:00 PM (EST)   |  55 minutes Meeting ID: 831 5514 3307 Passcode: 906605
CPIM Code - Chapter 7
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EBF: Chapter 8 – Analytics; and End of Course Review: Recordig
03/10/2021 at 2:10 PM (EST)   |  70 minutes
03/10/2021 at 2:10 PM (EST)   |  70 minutes Meeting ID: 837 7297 5449 Passcode: 429714
CPIM Code - Chapter 8 - Analytics
By clicking the Get CPIM Code button, I acknowledge that I have watched the video in it's entirety and am now eligible to receive the code.
By clicking the Get CPIM Code button, I acknowledge that I have watched the video in it's entirety and am now eligible to receive the code.
Survey and Contact Hours
Course Survey
7 Questions
Contact Hours
11.00 Contact Hours credits  |  No certificate available
11.00 Contact Hours credits  |  No certificate available