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Streamline financial insights with CFAM

CFAM: Comprehensive Financial Analysis Model

The CFAM system is a powerful and convenient online software program designed to give school districts a quick, easy, and convenient method for analyzing their district’s financial data.

What does CFAM offer?

CFAM is customized for Arkansas school districts and offers the following features:

  • Analyze the current school year information (revenue, expenditures, debt, etc.) plus the previous four school years

  • Filters allow users to drill down into the information. Users can filter revenue and expenses by fund, source-of-fund, function, location, program, or object

  • Easy-to-read financial worksheets are included and ready for use

  • Develop customized worksheets specific to your district that can be saved for future reference. Schedule the worksheet to be emailed to you by the system on a regular basis (daily, weekly, or monthly)

  • Views can be shared with other licensed users

  • Data is updated monthly as data becomes available

  • Monitor required expenditure levels for Gifted and Talented, 9% M&O, MOE, and SpEd MOE. Additional required expenditure reports are regularly being developed

  • Compare dollars per student expenditures for any budget unit to the statewide average

  • Compare expenditures against those of other districts

  • Plan for the future – budget, predict, and observe trends

  • Identify potential budget or accounting problems/issues

  • No software to install. Access the online system with any browser on any device, on or off campus

  • One-stop shop for all district financial data

Getting started

The annual subscription cost for APSRC member districts and charter schools is $3,300, or $6800 for non-members. This rate includes access for up to 20 users on both the CFAM and CFAM_Daily platforms. Subscribers also receive two online Zoom trainings each month, one in-person CFAM training held at an education cooperative, and one personalized Zoom training session upon request.

Please see the information on the right to get started with CFAM & CFAM_Daily today.

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“The CFAM Report for the Workers Comp form is AMAZING! So thankful for APSRC and making our jobs easier!”

— Kayla Jones, Business Manager, Dierks School District

Get CFAM

To get started with CFAM and CFAM_Daily, please click here to opt in or place a new order.

After providing your LEA information, you will be directed to the necessary forms for completion and submission.

Upcoming CFAM Training

Need help with CFAM? Our Finance Team is here to help.

Drop in on the first and third Wednesday of each month (no session during Spring Break week) for an informal virtual CFAM training session. APSRC staff will cover basic use, software updates or changes, and how to use specific worksheets in CFAM; CFAM users will have the opportunity to ask questions and get individual assistance on any aspect of CFAM use; and participants will learn how to use CFAM in their daily work.

Upcoming Drop-In Training Dates

  • September 3

  • September 17

  • October 1

  • October 15

  • November 5

  • November 19

  • December 3

  • December 17

Ready to register?

Select the register button to access the CFAM Training page. Log in, and select 'Enroll' to register for the Spring 2024 CFAM Training. For future sessions, access this page through your dashboard to join.

APSRC has created two projection tools aligned with the CISA model.

Choose your school to populate base data, then input a few variables to see your projected funding per the CISA model.

(Variables in green boxes for .XLS ; Parameters for CFAM)

Excel Projection Tool - Downloads a copy to your computer

CFAM Projection Tool - “CISA Funding Model”