Insights & Analysis

Fiscal Health

Municipal Budget Allocation Reporting Dashboard

The Munetrix Premium Edition for Municipalities features a comprehensive and intuitive municipal budget allocation reporting dashboard. Whether you are allocating new monies from stimulus or other surplus, or making tough decisions about spending cuts, the best way to make those hard choices confidently is having the most complete set of data available.

City managers, finance directors and other municipal administrators can get free access to one of the key tools in our municipal budget allocation reporting dashboard with a free report we are issuing to any city, township or village who wants to receive this complimentary report. Learn how your municipality’s budget allocations compare to the average of all others in your region with this free, personalized report created specifically for your particular city, village or township—at no cost or obligation!

Your free municipal budget allocation report will be customized to your specific municipality, comparing your budget allocations against the average of all others in your region, allowing you to: 

  • Compare your allocations against the regional average
  • Determine where you might be over-spending or under-spending, based on your peer averages
  • Make better-informed decisions about where to apply budgets or where to cut without losing pace with other cities, villages and townships in your region
  • Use data to create a culture of community through trust, teamwork and transparency
  • Measure what you treasure

Get a Free Demo of Munetrix’s Municipal Budget Allocation Reporting Dashboard Today!

The Munetrix Premium Edition for Municipalities offers the most complete range of data visualization available. The full product suite features apps for budgeting, chart of accounts planning, forecasting and scenario building to debt management, peer benchmarking and capital improvement management, powerful interdependent apps that collaborate to contextualize and visualize all data sets available, all in one intuitive and accessible dashboard!

Continue reading to learn how local governments are leveraging tools like the Munetrix municipal budget allocation reporting dashboard to achieve greater transparency, facilitate mandated compliance and, ultimately, build community trust, collaboration and teamwork with their constituents.

Fiscal Health, Municipal, Opinion

Look at the Bigger Picture to Facilitate Better Budgeting

Better Data Makes for Better Budgeting for Municipalities

Whenever city managers and finance directors go into a budgeting exercise, they face dilemmas and difficult decisions. Whether trying to prioritize the allocation of stimulus or other surplus funds, or processing the challenging demands of budget cuts, tough calls need to be made.

The problem we see is many are forced to make difficult decisions with limited data and incomplete information. Placing unnecessary blinders on your budgeting can lead to incorrect conclusions and potentially misplaced allocations of resources.

It is, however, possible to remove the blinders that have shackled the hands of budgeters and forecasters for years, allowing them to make the invisible visible.

To help facilitate and illustrate this methodology for finance directors, we are, for a limited, time offering a free report to any municipality that wants to see how their budget allocations compare to those of all others in their regions.

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Data as Competitive Advantage

Let’s face it: Even neighboring cities and townships are in competition. Municipalities are competing not only for population and tax bases, but for visitors, shoppers and recreationalists as well. 

Most often, the competition is right next door. Sometimes it’s within a reasonable commute. But make no mistake, population flight and lower pedestrian traffic are very real and likely to remain (at least to a degree) for the foreseeable future. 

With so much at stake, it’s imperative that municipalities make the most of their strategic decisions—budgetary or otherwise. It’s no longer enough to look internally and self-assess. To do so ignores the data set of competitive forces…the ones pulling at our residents and guests.

But what if you could not only zoom out from your own spreadsheets and historical data and look at the bigger picture? By this, we mean the much bigger picture of the entire region, to access more information, better intelligence, and greater insights on the drivers of success, resident migration and the flow of expenditures and investment. How might that change minds and budgets?

(To access your municipality’s comparison data like the one illustrated above, click here to receive a free report customized specifically to your city, village or township.)

What we’d see is not only our data, but our own data relative to the entire region’s—not just a neighbor or two. How do our city’s budget allocations differ or align with where our competitors are spending their dollars? It would make visible the answers to these questions, which would otherwise remain invisible:

  • If we have to cut spending, are we cutting in the right areas?
  • If we are able to invest stimulus dollars, where are the areas that we need to play catch-up with our peers?
  • Are we over-spending or under-spending, compared to our peers throughout the region, in areas like salaries, facilities and infrastructure, administrator compensation, etc.?
  • How do we know when enough is enough, or too much is too much?
  • Are we winning or losing the various battles for residents, tax payers, merchants, shoppers and federal investments?

It’s one thing to have “a sense” that particular line items need bolstering or trimming, and quite another to have access to regional averages that keep no secrets as to how your city or township is stacking up against the competition.

No longer is it prudent to play a hunch. It’s time to play to win.

Get Your Municipality’s Free Report to See How Your Budgeting Stacks Up Against the Competition

We feel so strongly about the power of performance analytics and data visualizations presenting the complete picture that we are offering a free report to any municipality that would like to evaluate its own budget allocations against the average of its regional peers. 

Your personalized report, customized to your specific city, township or village, will include your version of the above data, along with a breakdown of all spending categories, delivered personally to your inbox in an easy-to-read PDF:

Simply click here to access your city’s Budget Allocation report, at no cost or obligation. You will receive the report within 24 hours, along with access to a live human who will be available to answer questions or help you contextualize your data.

Before long, the invisible will be visible to you. And you will be entering your next budget planning session armed with greater insights, broader intelligence, and informed confidence. Say hello to easy!

Peter Solar is Director of Client Partnerships with Munetrix, a performance analytics and data visualization solution provider serving school districts and municipalities across the country. He can be reached at psolar@munetrix.com.

Education, K-12

Financial Forecasting and Scenario Planning for Schools in Wisconsin

Wisconsin Act 89 has made financial forecasting and scenario planning for schools in Wisconsin an even more important transparency initiative than ever before. Munetrix now offers a single financial reporting and transparency solution to immediately meet the requirements of Wisconsin Act 89, making school district and school financial information available to the public.

The powerful analytical capability of Munetrix’s financial forecasting and scenario planning for schools solution gives Wisconsin districts and educators the ability to find, compare, measure and monitor dozens of key performance indicators (KPIs)—all with a single, easy-to-use interface.

See how school districts are leveraging the Munetrix platform to achieve transparency, equity and legislative compliance with robust data visualizations and performance analytics solutions integrated into our financial forecasting and scenario planning software for schools in Wisconsin

Take a Closer Look at Munetrix’s Financial Forecasting and Scenario Planning for Schools in Wisconsin

Download our free resource guides to take a tour of the entire suite of complementary solutions in the Munetrix Enterprise Edition, which includes the Academic and Financial Modules. Or read our piece on how data is a district’s greatest asset in achieving equity in education, as published in District Administration magazine: “Achieving a Culture of Data Literacy.”

Financial performance analytics solutions include modules for budgeting, chart of accounts planning, forecasting, scenario building, debt management, peer benchmarking and capital improvement management.

Both our financial and academic performance analytics solutions for schools in Wisconsin are fully integrated with state-of-the-industry interoperability that meet or exceed the latest educational and IT standards.

Ready to schedule a private, personal demo? Contact us to schedule a personal tour of Munetrix’s financial forecasting and scenario planning for schools in Wisconsin solution today!

Education, K-12, News, Press Releases

Munetrix Named Finalist for Four EdTech Awards

EdTech Digest Recognizes Munetrix in All Nominated Categories

Munetrix is proud to announce that our Munetrix Enterprise Edition for Schools product suite was named a finalist in all four categories for which it was nominated in the 2022 EdTech Awards presented by EdTech Digest. The product was named finalist in the following categories:

  • Best Administrative Solution
  • Best Collaboration Solution
  • Best District Data Solution
  • Best New Product or Service

Finalists and winners for The EdTech Awards 2022 were recently announced to a worldwide audience of educators, technologists, students, parents, and policymakers interested in building a better future for learners and leaders in the education and workforce sectors. Celebrating its 12th year, the U.S.-based program is the world’s largest recognition program for education technology, recognizing the biggest names in edtech—and those who soon will be, according to a press release issued by the sponsoring organization.

Finalists and winners for The EdTech Awards 2022 were recently announced to a worldwide audience of educators, technologists, students, parents, and policymakers interested in building a better future for learners and leaders in the education and workforce sectors. Celebrating its 12th year, the U.S.-based program is the world’s largest recognition program for education technology, recognizing the biggest names in edtech—and those who soon will be, according to a press release issued by the sponsoring organization.

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The EdTech Awards recognizes people for outstanding contributions in transforming education through technology to enrich the lives of learners everywhere. Featuring edtech’s best and brightest, the annual program shines a spotlight on cool tools, inspiring leaders and innovative trendsetters across the K-12, Higher Education, and Skills and Workforce sectors.

“We have put a tremendous amount of work and innovation into our suite of solutions for educators and school administrators,” said Buzz Brown, CEO of Munetrix. “These recognitions are fine testaments to the outcome of that diligence and welcome recognition for the product’s versatility and universal appeal to both educators and administrators in districts all across the country.”

“As events unfold on the world stage that seem to inch ever closer to a precipice unknown, we are reminded that the leaders and innovators of education technology have always worked on the edge,” said Victor Rivero, who as Editor-in-Chief of EdTech Digest, oversees the program.

“The future-focused work they do is inspired by the infinite potential of all people to learn and thrive. It’s pushed forward by the human spirit. It’s the light that even through the darkest times always shines through,” Rivero said.

About the EdTech Awards

The EdTech Awards were established in 2010 to recognize, acknowledge, and celebrate the most exceptional innovators, leaders, and trendsetters in education technology. This year’s finalists and winners were narrowed from the larger field and judged based on various criteria, including: pedagogical workability, efficacy and results, support, clarity, value and potential. 

Editor-in-Chief of EdTech Digest Victor Rivero said:  “To the innovators, leaders, and trendsetters in K-12, higher education, and workforce learning who continue connecting, producing and persisting despite all challenges—a hearty hat-tip and a grand salute!”

The complete list of winners and finalists can be found on the EdTech Awards website here.

To learn more about Munetrix’s complete suite of products for school districts, click here.

Municipal

Budgeting and Forecasting Software for Local Government

Budgeting and forecasting software for local government has matured greatly over the past few years. Data visualization and performance analytics solutions allow administrators and employees in local government to make the invisible visible.

The Munetrix budgeting and forecasting software for local government is part of a complete enterprise solution, which integrates cross-departmental data, from financials and human resources to a complete range of business processes, taking multi-level, complex data sets and making them simple to understand, report and act upon.

Munetrix offers these budgeting and finance tools via easy-to- adopt and easy-to-use modules that facilitate simpler and more robust forecasting, capital planning and performance management. This budgeting and forecasting software suite for local government promotes current and predictive aspects of financeL ow healthy are you today, and how healthy are you likely to be in the future, based on your community’s lifestyle or budget assumptions?

Get a Free Demo of Munetrix’s Budgeting and Forecasting Software for Local Government Today!

The Enterprise Module of Munetrix offers the most complete range of data visualization software for municipalities in Michigan available. The full product includes budgeting, chart of accounts planning, forecasting and scenario building to debt management, peer benchmarking and capital improvement management, powerful interdependent apps that collaborate to contextualize and visualize all data sets available, from public API to your city’s internal data systems.

Learn how local governments are using budgeting and finance software to achieve greater transparency, easier compliance and, ultimately, more community trust, collaboration and teamwork with their constituents. A no-obligation demo unlocks 30 days of free access to the Munetrix financial and budgeting modules!

K-12, News, Press Releases

Munetrix Offers Free Budget Allocation Comparison Report to School Districts in Budgeting Season

As we enter budgeting season, finance directors, superintendents and other administrators are facing dilemmas and difficult decisions.

The problem we see is many administrators are forced to make difficult decisions with limited data and incomplete information.

To help facilitate and illustrate a more robust methodology for finance directors, we are, for a limited, time offering a free report to any school district that wants to see how their budget allocations compare to those of all districts in their regions.

Fiscal Health, K-12, Opinion, Uncategorized

Better Data Makes Better Budgets

As we enter budgeting season, finance directors, superintendents and other administrators are facing dilemmas and difficult decisions. Whether trying to prioritize the allocation of stimulus or other surplus funds, or processing the challenging demands of budget cuts, it’s decision time.

The problem we see is many administrators are forced to make difficult decisions with limited data and incomplete information. As we will illustrate, placing unnecessary blinders on your budgeting can lead to incorrect conclusions and potentially misplaced allocations of resources.

Data Visualization Software for Municipalities in Michigan
Municipal

Data Visualization Software for Municipalities in Michigan

Data visualization software for municipalities in Michigan is a city administrator’s, mayor’s or city manager’s secret weapon that allows the entire municipality to build trust, facilitate transparency, and strengthen a culture of community. Municipal administrators, managers and employees serve as the cornerstones of the community, but they are constantly being tasked with doing more work with less time and fewer resources.

Data visualization tools allow them to make the invisible visible—all in a way that doesn’t add more work to their plates, and usually takes work off of them! The Munetrix solution for municipalities is a comprehensive suite of powerful, interdependent solutions for the whole community, taking multi-level, complex data sets and making them simple to understand, report and act upon.

What separates data from intelligence is the ability to quickly, easily and intuitively see and understand what the data is trying to tell you—both in terms of past performance as well as insights into future scenarios and likely outcomes. Think of data visualization software like the technology that monitors, reports and forecasts the ever changing weather in cities in Michigan.

To learn more about how we apply data visualization and performance analytics solutions for municipalities in Michigan, watch this video that demonstrates how a commitment to community-wide data literacy can actually serve to restore public trust and confidence in our government institutions.

A Closer Look at Munetrix’s Data Visualization Software for Municipalities in Michigan

The Enterprise Module of Munetrix offers the most complete range of data visualization software for municipalities in Michigan available. From budgeting, chart of accounts planning, forecasting and scenario building to debt management, peer benchmarking and capital improvement management, powerful interdependent apps collaborate to contextualize and visualize all data sets available, from public API to your city’s internal data systems.

Transparency and compliance solutions are available that dramatically improve upon a city’s capacity for CVTRS/CIP reporting and greater understanding of the municipality’s fiscal wellness. The solution even features software and solutions that facilitate business and process workflows for municipalities and cities.

Performance Analytics Solutions for Schools in Michigan
Education, K-12

Performance Analytics Solutions for Schools in Michigan

Performance analytics solutions for schools in Michigan are rapidly maturing—both from a standpoint of what school districts need and are discovering is now possible, as well as from the standpoint of what software can actually achieve in terms of insights and intelligence.

School districts have been managing increased transparency and compliance mandates for years, and those obligations and opportunities have only grown in scope and scale with the availability of additional federal stimulus dollars earmarked for education and technology upgrades. The recent stimulus funding presents an opportunity for educators and administrators to easily integrate performance analytics solutions for schools in Michigan that create a district-wide “culture of data literacy.” 

In doing so, administrators at schools in Michigan will need to  think differently about capital improvement planning and infrastructure spending, and they will need a strategic way to prioritize projects, identify funding sources and analyze performance. 

A Closer Look at Munetrix’s Performance Analytics Solutions for Schools in Michigan

In addition to capital improvement metrics, performance analytics for schools in Michigan include everything from financial metrics to academic performance

Financial performance analytics solutions include modules for budgeting, chart of accounts planning, forecasting, scenario building, debt management, peer benchmarking and capital improvement management.

Academic performance analytics solutions for schools in Michigan include software modules for student achievement data, progress monitoring and MTSS, educator evaluations, student needs assessments, student reporting data, student migration and enrollment trends, and much more!

Both our financial and academic performance analytics solutions for schools in Michigan are fully integrated with state-of-the-industry interoperability that meet or exceed the latest educational and IT standards.

If your school district administrators are being tasked with constantly “doing more with less” in keeping pace with today’s transparency and compliance requirements, contact us to schedule a demo of our easy-to-use and easy-to implement performance analytics solutions for schools in Michigan today!

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