Event Calendar

Tuesday, June 11, 2024

CFC BudgetPro Workshop

Start Date: 6/11/2024 9:00 AM CDT
End Date: 6/11/2024 4:00 PM CDT

Venue Name: Holiday Inn South

Location:
4751 Owen Ayers Ct
Eau Claire, WI  United States  54701

Organization Name: Wisconsin Electric Cooperative Association

Contact:
Wendy Fassbind
Email: wendy@weca.coop
Phone: (608) 467-4589



ROOM BLOCK
Location: Holiday Inn South
Room Block Name:  WECA
Room Block Rate: $123.95+/single or $118.95+/double
Room Block Deadline: May 11, 2024
Room Block Link: June 2024 Sleeping Rooms

CFC BudgetPro Workshop
1-1/4 Skill Builder Credits

CFC BudgetPro is an Excel-based tool, tailored for electric distribution cooperatives, to assist in creating a 12-month operating budget, including optional balance sheet, cash flow, and financial ratio projections. In this hands-on training, attendees will join CFC experts to learn how to prepare a budget, adjust forecast assumptions, model various scenarios, and interpret results.

The learning objectives for the workshop are to understand the purpose and capabilities of CFC BudgetPro model, learn about key model features and practical applications for cooperatives, confidently source relevant budget inputs like revenue, and generate charts and financial statements from the model. 

FEATURES
  • Worksheet navigation through a main control worksheet
  • Help integrated into the model through comment fields
  • Color-coordinated data-input cells
  • Detailed payroll and benefit calculations
  • Ability to perform sensitivity analysis for three different levels of kWh sales
  • Ability to analyze impact of retail rate increases
  • Forecasting of key ratios
  • Ability to graph select results and automatically copy into PowerPoint
New Features for BudgetPro 5.9.21
  • Enhance payroll security with the use of encryption
  • Activity-based budgeting
  • Better, more simplified charts and graphs
  • Improved capital forecasting
  • The number of employees to model in detail has increased from 200 to 600
  • Budget up to three overtime rate and hour combinations per employee
  • Users can now accurately model the financial implications of FASB 158
  • The ability to create new Excel tabs within the model
  • Export to multiple accounting vendors
  • A simplified home page design

In order to hold this course, a minimum enrollment of 20 participants is required. Class is limited to NO MORE than 40 participants. Register early to secure your seat!


Associate Membership

Associate membership in the Wisconsin Electric Cooperative Association provides a continuing opportunity for providers of goods, services, materials, and equipment to build and maintain networking contacts with Wisconsin's electric co-ops and others with interests and needs related to all aspects of the electric power industry.

Learn More  >