Seminar on School Finance - AAC #1062 - (11/16/2018)

Nov 16, 2018 07:30am -
Nov 16, 2018 03:30pm

Event Description

This introductory course, designed for Chief School Business Officials, Superintendents and Board members will include discussions about local, state and federal revenue sources, concentrating mainly on Property Taxes and the Evidenced-Based Funding Formula.  Attendees will be required to complete a tax levy as an in-class exercise.  Budgeting and Annual Financial Reporting will also be discussed and then used as a basis for preparing financial and capital projections.

To complete the in-class exercise, please bring an electronic device that includes a calculator. 

Additionally, a portion of the Seminar on School Finance academy will be dedicated to covering important information regarding the Evidence-Based Funding (EBF) Model. Discover the answers to questions such as: Where were we? How did we get here? How does the EBF compare to the old model? There will also be a deeper dive into EBF topics including adequacy calculations, what drives your percentage and tier distribution, being prepared for reporting accountability and more!

Registration & Refreshments: 7:00am - 7:30am
Program: 7:30am - 3:30pm
Lunch: 11:45am - 12:30pm

PD Clock Hours: 6.45
Designation Points: 6.45

This seminar is held in conjunction with the 2018 IASB/IASA/Illinois ASBO 85th Joint Annual Conference. Academy attendees are not required to be registered for the Joint Annual Conference.

You may purchase Wi-Fi when you register for this academy. You will receive your password upon check-in at our registration table.

Please contact Lindsay Plath with any questions or special dietary needs by Friday, November 9 at lplath@iasbo.org or (815) 753-9350.

Due to changes in the Illinois State Board of Education professional development requirements, please be advised that you will be required to scan in and out to all professional development opportunities, in which credits are offered. Each attendee will also be required to fill out an evaluation summary in order to receive credit.


Event Type:Administrators' Academy Credit
Category:Administrators' Academy Credit
Early registration ends on May 07, 2018.
Regular registration starts on May 08, 2018 and ends on Nov 29, 2018.
Late registration starts on Nov 30, 2018.