Multiyear Projection Overview

Multiyear projection is a key tool in assessing an LEA's ongoing sustainability. It is a mathematical model that takes an assumed status quo, the base year, and projects future years by modifying the base year with locally known assumptions.

A multiyear projection is not:

Instead, it is the best educated guess of an LEA. It will never be 100% accurate because it spans a multiyear period and assumptions are subject to change as better information becomes available. But, it is a solid tool to determine if the LEA may encounter fiscal distress given the current budget plan.

Multiyear projections are:

The multiyear projection portion of the software contains four main sections of the screen: the heading, sidebar, workspace and footer.

Image of MYP screen with identifying numbers for the following listed items

 


Heading

The heading is visible throughout the projection, after log in. It contains three main sections.

 

1. System Menu

The system menu bar is available at the top of the screen. On the right, it contains links to this 'User Guide,' the 'Dashboard' and the user menu. The user menu contains links to:

 

2. Projection Highlights

The projection highlights bar is available directly below the main menu bar at the top of the screen. It contains basic information for the projection being worked in, including the title, base year, LEA, CDS code, fund, projection length and projection owner.

On the right side, the projection highlights bar includes icons (from left to right):

 

3. Projection Menu

The projection menu is a series of tabs that allows navigation between major elements of the projection:

 


The sidebar allows quick navigation throughout the screens of the multiyear projection.

 

4. Collapsible Multiyear Projection Sidebar

The sidebar collapses and expands by clicking on the 'Collapse Sidebar' text or icon. Use the collapse feature when viewing or updating a projection on a small screen, like a laptop.

 

5. Multiyear Projection

The 'Multiyear Projection' section of the sidebar displays specialty screens related to the multiyear projection. Work through these screens from top to bottom for the best experience.

 

6. Resource Summaries Views

The 'Resource Summaries' section of the sidebar displays links to the 'Combined,' 'Unrestricted' and 'Restricted' view of the multiyear projection. These views resemble the SACS Fund 01 form, but with the addition of the minimum required reserve at the end.

 

7. Resources

The 'Resource' section of the sidebar displays links to individual resources contained in the multiyear projection. These views resemble the SACS Fund 01 form.

To add a resource that exists in the 'Chart of Accounts' to the projection, click the '+' icon next to the 'Resources' title.

To delete a resource from the projection, click the 'x' icon next to the resource title. Note this will also remove the resource details that exist in the historical year from the projection.

Image of add and delete icon locations in the sidebar

 


Workspace

The workspace layout will vary based on the item being viewed from the sidebar.

 

8. Workspace Title

The title indicates which item is being viewed from the sidebar.

 

9. Workspace Details

The workspace contains the content of the screens related to the multiyear projection. Some screens have multiple sections. See the individual screen pages for more information.

 

10. Scroll Bars

The system uses vertical and horizontal scroll bars to view off-screen sections of the workspace. Screens with multiple sections, like 'Reserves,' have scroll bars specific to each section. Use the browser scroll bars in conjunction with the section scroll bars to navigate projection details.

 


The footer is visible throughout the projection, after log in.

 

FCMAT links are provided in the software as a convenience. The pages are also accessible directly at the FCMAT website.