PMA’s Financial Planning Program (PMA FPPTM) group is pleased to announce that it has transitioned its team of advisors and services to Forecast5 Analytics, Inc. With this move, PMA’s long-standing, Excel-based five-year analysis tool has now upgraded to a new and exciting platform, Forecast5's 5Cast application.
Designed and built on a lightning fast in-memory data engine, 5Cast is a quantitative analysis and financial projection engine used to assist decision-making processes by building detailed data set models and running scenario comparisons. Similar to PMA's FPP model, 5Cast is used for the development of a multi-year financial plan, “what-if” analysis and detailed budget/performance analysis. 5Cast also facilitates the budget preparation process by allowing users to utilize specific general ledger level of detailed data from accounting systems.
To visualize assumptions and results, 5Cast quickly generates Board-ready reports and allows users to publish stakeholder output directly to a public or internal site.
Illinois School Finance Levy Worksheet for LY18
Click HERE to save the Excel document. Once saved to your computer, open from the saved location.
Presentation: ISDLAF+ Seminars, October 2018 - The Tax Assessment and Levy: A “Hands-On” Approach
This Levy Calculation Form is a worksheet that allows the District to calculate and analyze the available levy and extension amounts and is prepared for informational purposes only. Reasonable efforts and generally accepted methods of calculation have been incorporated into the spreadsheets. However, PMA Financial Network, Inc. takes no responsibility for the accuracy of the output and it is highly recommended that users verify calculations independently. The data input, projections, and assumptions provided in this form are based on the information provided by the District. PMA will not verify the accuracy of the data provided by the District and is not responsible for any inaccuracies or incompleteness that appears in the data provided in this form.
Furthermore, the Levy Calculation Form includes a copy of the Illinois State Board of Education Certificate of Tax Levy which is approved for use in 2006. PMA believes this Levy Calculation Form to be current, but the District should verify that with the Illinois State Board of Education.
Illinois School Finance Levy Worksheet Instructions
Click HERE to view the document.