To date, only two states (Minnesota and California) have passed charter-school legislation. This report presents details from these two states regarding charter-school formation, including roles played by teachers and organizers, by local school boards as sponsors, and by county or state officials in providing an appeals process and technical…

Asserts the importance of each school business official's responsibility to accurately report the school's financial situation to the state legislature. Uses Minnesota's 33 area vocational technical institutes to illustrate the application of statewide uniform financial accounting and reporting standards to Minnesota public school districts. (JBM)