Podcast:School Business Insider Published On: Tue Jan 30 2024 Description: Brian Cechnicki, ASBO New York Executive Director, discusses the development of a tool for school business officials in New York to analyze complex state data. The tool, created using ChatGPT and Excel, simplifies the understanding of the Foundation Aid formula and provides insights into the funding allocation for school districts. Brian explains the components of the formula and how the tool breaks down the calculations. He also shares the benefits of using ChatGPT for Excel and discusses the target audience for the tool. Brian concludes by discussing the expansion of offerings and future plans for additional tools and resources. In this conversation, Brian discusses how he is making the lives of school business officials easier by providing them with accessible and easy-to-use tools. He also mentions that the impact of his work is not limited to school business officials, as superintendent groups are also finding value in his resources. Brian shares his plans for the future, including providing a deeper explanation of the governor's proposed cuts and creating a reporting tool to help districts understand their financial position. Overall, Brian's work serves as a model for how associations can be a valuable resource for their members.Check out Brian's new resources here!: https://www.asbonewyork.org/page/statebudgetTakeawaysThe Foundation Aid tool simplifies the understanding of the Foundation Aid formula for school business officials in New York.The tool was created using ChatGPT and Excel, making it user-friendly and accessible.The tool breaks down the components of the formula and provides insights into the funding allocation for school districts.Using ChatGPT for Excel streamlines the process of creating complex tools and allows for more efficient data analysis. Accessible and easy-to-use tools can make the lives of school business officials easier.The impact of resources can extend beyond the intended audience.Providing a deeper explanation of financial decisions can help districts understand their position.Associations can serve as valuable resources for their members.Contact School Business Insider: Check us out on social media: LinkedIn Twitter (X) Website: https://asbointl.org/SBI Email: podcast@asbointl.org Make sure to like, subscribe and share for more great insider episodes!Disclaimer:The views, thoughts, and opinions expressed are the speaker’s own and do not represent the views, thoughts, and opinions of the Association of School Business Officials International. The material and information presented here is for general information purposes only. The "ASBO International" name and all forms and abbreviations are the property of its owner and its use does not imply endorsement of or opposition to any specific organization, product, or service. The presence of any advertising does not endorse, or imply endorsement of, any products or services by ASBO International.ASBO International is a 501(c)3 nonprofit, nonpartisan organization and does not participate or intervene in any political campaign on behalf of, or in opposition to, any candidate for elective public office. The sharing of news or information concerning public policy issues or political campaigns and candidates are not, and should not be construed as, endorsements by ASBO Internatio...