Managing Cash in the COVID-19 Era


This workshop is not open for registration.

Costs and times
SSC Clients: $195.00 per attendee
Non-clients: $390.00 per attendee
Program Begins: 9:00 AM
Program Ends: 11:00 AM
Matt Phillips, CPA Director, Management Consulting Services
Brianna García Vice President

About the Webinar

The cash deferrals of 2020–21 were a stark reminder that cash is king. While the focus is typically on budget, the significant amount of cash deferrals caused many local educational agencies (LEAs) to look for outside sources of borrowing to weather the cash-deferral storm. LEAs will face an additional wrinkle in 2021–22 resulting from the historic apportionment of more than $26 billion in federal stimulus funds. However, the application of federal cash management principles means that LEAs may not have the cash in hand before making a purchase. 

In addition, the fiscal cliff that many school districts will experience in 2022–23—which charter schools and county offices of education are already facing—as a result of the average daily attendance hold harmless will further exacerbate cash management. This webinar will provide a “how-to” on managing cash, including a step-by-step walk-though of the Form CASH in the Standardized Account Code Structure (SACS) software, tips on how to determine if cash borrowing will be necessary, and practical examples for implementing and improving cash flow models.

This webinar will also provide LEAs with the tools they need in another year that is far from normal to evaluate and analyze current cash needs and improve practices to meet those needs.

Please join us in finding ways to better manage cash and to be prepared for the cash hurdles ahead! 

Who Should Attend?

District, charter school, and county office administrators, as well as technical staff responsible for budget monitoring and cash flow management. 

Date and Time:

October 19, 2021, 9:00 a.m.–11:00 a.m.

Webinar Topics

  • Provisions of the State Budget and legislation that impact school district cash flow
  • What is cash flow? We will address concepts and standards, the difference between cash and budget, and analyze cash as a portion of reserves 
  • Strategies for cash analysis—tools and processes that can be used to develop strong cash flow models
  • Effective cash management—reviewing and interpreting cash projections for management decision making
  • Rules relative to interfund borrowing
  • Cash is king—what happens when you run out of cash?
Location Details
SSC Clients: $195.00 per attendee
Non-clients: $390.00 per attendee
Program Begins: 9:00 AM
Program Ends: 11:00 AM