Case Study
Atlantic Community School District Reverses Negative Unspent Balance Trend by Leveraging Analytics
Atlantic Community School District Reverses Negative Unspent Balance Trend by Leveraging Analytics THE SITUATION When Mary Beth Fast joined the Atlantic Community School District in her role as Business Manager in 2011, along with Superintendent, Dr. Michael Amstein, they were trying to get an idea of how the district’s line item budget projected into future years. At that time, the District was in a state of downward trending Unspent Authorized Budget (UAB) and was overstaffed. It was apparent that if the District did not take corrective action, the UAB would further deteriorate bringing the District into a dangerously low position. THE SOLUTION After a demonstration of the 5Cast and 5Sight solutions, the administration made a recommendation to subscribe to the Forecast5 tools. T