In This E-Mail:

• Early Warning Indicators of Financial Stress
• Don't Miss Today's Webcast - Views from the Capitol
• Local Governments Summit

The Michigan Department of Education (MDE) recently released a memo (Early Warning Indicators of Financial Stress) stating that, “it is charged with the responsibility of monitoring Michigan public schools to ensure compliance with various state and federal laws related to prudent financial management and reporting on the use of public funds.”

MDE is working with the Center for Educational Performance and Information (CEPI) to provide common financial health indicators to be included in the MiSchool Data portal. In their memo, MDE highlights Munetrix School Edition as a software vendor offering tools utilizing state datasets (data reported by districts to the state) that may help in monitoring the fiscal health of a school district. MDE also encourages district school boards and administrators to take a serious look at where their district measures on each of these indicators and to determine if the district is experiencing a negative trend on any of them.

More than a year ago, MSBO began to search the marketplace for a solution that would have the ability to use financial information submitted to the MDE to determine cost effective and best practice models. That's why MSBO, Michigan Association of School Administrator (MASA) and Michigan Association of School Boards (MASB) have partnered with Munetrix. With transparency and best practices that include a citizens dashboard, the Munetrix School Edition is constantly being enhanced to keep up with reporting requirements. Check out the Munetrix website for detailed, school-specific information.

For the complete MDE memo, click here.

Hear from school management lobbyists about the details of the Governor’s budget. What are the chances it passes the way it is now, and what are the politics behind making real changes before passage in May? Ask your questions about this or other issues the legislature is considering during our live, interactive presentation of Views from the Capitol.
This two-way webcast allows viewers to ask questions and get answers instantly. Be sure to join us — Friday, February 15 @ 1:00 p.m.

Here’s your exclusive member link to the webcast: masb.acrobat.com/capitolviews. To join, select Enter as a Guest, provide your name and you’re connected! Please login prior to 1:00 p.m. to test your connection.

• If you miss the webcast, a recording will be posted on our website (home page, right side, Views from the Capitol). Archived webcasts.

• Space is limited to the first 500 participants, so make sure you’ve cleared your schedule for this exciting opportunity from your association.

• If you would like to view and participate in the webcast from your Android phone using Adobe Connect, go to http://bit.ly/xJGkMh to download the app.

• If you would like to view and participate in the webcast from your iPhone or iPad using Adobe Connect, go to http://bit.ly/zijzm4 to download the app..

Thursday, February 28, 2013 • Lansing Center • Time: 8:30 AM - 4:55 PM

Participants previously registered for the December program will be automatically transferred to the February date

Eight state-wide associations have joined forces to design a program providing you with an inside look at the best way and “HOW” your school district, city, county, municipality can capitalize on providing your resources to others along with tips on operational and financial modeling, restructuring, and related issues associated with design and implementation of intergovernmental collaboration. This summit provides the action steps you need to learn to create efficiencies and savings.

To get more information about the Local Governmental Summit on Efficiency Creation and Cost Saving CLICK HERE or download the brochure HERE!

Price: $139
6 SCECHs (State Continuing Education Clock Hours)


In partnership with:
· Michigan Association of Certified Public Accountants
· Michigan Association of Counties
· Michigan Association of School Administrators
· Michigan Association of School Boards
· Michigan Government Finance Officers Association
· Michigan Municipal League
· Michigan School Business Officials
· Michigan Townships Association