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The Official Blog of Forecast5 Analytics

Blog Posts

City of Rockford Water Division Enhances Long Range Financial Planning: Q & A Interview with Water Superintendent

Water Superintendent, Kyle Saunders, has been partnering with Forecast5 to develop rate-setting, debt-service, and CIP calculators for better long range financial planning using 5Cast and 5Cast Plus. He was happy to share some of his...

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Why 5?

From time to time, curious clients and prospects ask us about our corporate name…Forecast5™.  They essentially want to know how we came up with the name and “what does it mean”?  The answer is pretty simple. It is a word play on our core mission...

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How to Produce an Epic Financial Story

As the finance administrator of the district, having a good story and visuals is perhaps even more important than other roles, as you are constantly responsible for developing strategies.  Even the best, most thought out, strategies are only as...

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4Cs to Producing Your Next Big Presentation

When shopping for a diamond, you’re coached to look at the “Four Cs” – carat, cut, color and clarity.  In producing your presentations, you can use these “Four Cs” by replacing the first two – color, clarity, consumption and consistency. 

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Three Major Money Related Issues Facing City or County Finance Officers

After more than thirty-five years serving in finance or budget related positions in three Iowa cities, I can attest that demands of the job are ever-increasing.  The number and complexity of challenges facing the modern city or county finance...

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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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(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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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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How to Effectively Prepare and Communicate Your Budget Presentation to Stakeholders

The nuances of government finance are difficult even for seasoned board members to understand; imagine the layperson attempting to grasp the annual budget in one sitting. To be effective, a budget presentation must be more than a recitation of...

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Public Sector Analytics: Where Should We Start?

On an accelerating basis, the public sector is moving into the Analytics Age. Multi-dimensional data strategies are being explored and employed for a variety of uses in schools, cities, and counties. Given the significant amount of data that...

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Analytics: The Paradigm Shift in the Public Sector

For the last several years, corporations have been deploying data technology on an increasing basis for the purpose of driving productivity and ultimately increasing profits.  To a great extent, however, the public sector has not been introduced...

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