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Worthington board approves subscription to operational fiscal model after questions on peer comparisons
Summary
The Worthington Public School District approved a subscription to an operational budget assistance model from Baird after a presentation and board discussion about how peer districts will be selected and how the tool will be used for budgeting and scenario planning.
The Worthington Public School District board approved a subscription to an operational fiscal model presented by financial consultant Mike Koehler of Baird, following a presentation and extended questions about peer-group comparisons and data inputs.
Koehler told the board the product, called an Operational Budget Assistance (OBA) model, combines state data and district-level coding to let administrators run “what if” scenarios on staffing, program and categorical spending. “We call it OBA operational budget assistance,” Koehler said in the presentation. He described the tool as a way to compare Worthington’s general fund…
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