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804.20 Fiscal Management – Performance Measures


A key responsibility of the Ankeny Community School District is to develop and manage resources as efficiently and effectively as possible and to communicate the results of these efforts to the public through alignment with the District’s Strategic Plan. Meaningful performance measurements assist the Board of School Directors or their designated representatives in identifying financial and program results, evaluating past resource decisions, facilitating qualitative improvements in future decisions regarding resource allocation and service delivery options, and communicating service and program results to the public.

Identification and Reporting of Performance Measures

The Board shall receive concise, timely, well organized financial data with the background information necessary for its interpretation at a regularly scheduled annual meeting. The financial data shall inform the Board of material aspects of the school district’s financial operations and position. In exercising oversight responsibilities the Board will review, at a minimum, the following K-12 public education sector indicators:

The report for all of these measures shall be as of June 30 and each year including at a minimum the prior 4 years.

  • Total revenues & expenditures by fund and major sources
  • General Fund (GF) per pupil cost
  • Portion of budget spent for instruction (target range of 75%-85% GF expenditures)
  • Current Asset Ratio (Target range of greater than 1.0)
  • Day’s Net Cash Ratio (Target range of 90 – 120 days)
  • Employee Cost Ratio (Target range of 75% – 85% GF expenditures)
  • Financial Solvency Ratio (Target range of 5% – 10%)
  • Unspent balance ratio / spending authority (Target range of 5% – 15%)
  • Cash balance for all funds
  • Final tax rate by category and fund
  • Enrollment (official count date data)

August 18, 2003
February 7, 2011
June 17, 2013
February 18, 2019

February 7, 2011
June 17, 2013
February 18, 2019