Connection

The Official Blog of Forecast5 Analytics

Blog Posts

Mike English

Mike English
Executive Chairman

Recent Posts

Five Year Financial Projection Q&A

Local government leaders that approach a five year financial projection with a strategic perspective understand that a financial projection is more than just a spreadsheet. A meaningful multi-year financial forecast can produce tremendous value...

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Branding Your Organization With Open Data

You may be working on building your organization’s brand in the area of data-driven decision making.Local governments around the country are beginning to use analytics to find new resources, increase service levels, and create efficiencies for...

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Using Business Intelligence for School Budgeting and Forecasting

Developing and Presenting a (Business) Intelligent Budget

The budgeting season is well under way.  And, for most public sector CFOs, the challenge with this year's budget is not going to be how to spend new resources of money.

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(Fore)Casting a Vision for Your Community

Is it worth the effort of developing a 5 year financial projection when you have little or no control of your revenue streams…especially if you are in a situation in which you have legislative requirement to operate within a balanced budget? Will...

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Financial Forecasting and the Issue of Diminishing Returns

Every local government should invest the time and resources to develop a multi-year financial projection. This type of project can be time and resource intensive…but, it is completely necessary unless your organization is in the enviable position...

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The Value of a 5 Year Financial Projection: More than just a spreadsheet

Executing a five year financial projection can be a time consuming and complicated process…especially, if you are starting the process for the first time. However, administrators that approach this type of project with a strategic perspective,...

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School Boundaries – Time For A New Approach?

There are not many issues that will spark more community discussion than a potential school boundary change. Concerned community members generally voice several concerns in these discussions including transportation issues, home values, academic...

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5Cast: A New Way To Look At The Future

We are excited to roll out 5Cast, the newest version of our five-year forecasting software. When we embarked on the development project, we knew it was going to be challenging. As a team, we have been doing financial forecasting for more than 15...

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Public vs. Private Sector Metrics: A CFO’s Perspective

I had an opportunity to speak recently with an individual that has CFO experiences in both the private and public sectors. The private sector resume includes Fortune 500 experiences and the public sector experience was in one of the largest...

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Park Districts: Using Maps and Analytics

As geospatial technology becomes more prevalent, there will be an interesting opportunity for local park districts to use map based analytics for planning and marketing. The value that this technology can produce may be significant in terms of...

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“Are we almost there yet?”

The summer vacation road trip. Depending on your age you may have slightly different memories of this. But, for many, the memories of sweating it out in the back seat of the crowded family station wagon required that The Question (in a whiny,...

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How to Analyze Large Data Sets Like a Machine

How do you find patterns and relevant business insights in large data sets…specifically, if you are a human? There are a growing number of technology solutions and algorithms that are automating the approach to data mining. But, there is always...

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