D161 Board Approves Financial Planning Software
The new program will grant the district increased flexibility when updating its long-term financial plan.
The Summit Hill School District 161 Board of Education voted to enter into a contract with PMA Financial Network for a long-range financial planning software at a meeting Wednesday evening. “It will help us with more accurate planning,” said Superintendent Barb Raines, in an interview with Patch. The financial planning program software allows for flexibility in district financial projections. With the new software, district representatives can configure a long-range district financial plan instantaneously. The software also allows the district to continuously update a ten-year or five-year plan to align with shifts in fund availability. For the past decade, the district used a STRAT Plan financial planning system. The STRAT Plan was a hard…
In this Article:
