Describes the New York Schools Insurance Reciprocal (NYSIR), which provides both property and liability coverage for school districts. A reciprocal is wholly owned by those insured. NYSIR insures 55 school district subscribers, providing a service that specifically accommodates school district needs and saves them money. (MLF)

A public entity facing an environmental cleanup can take certain measures to dramatically increase its chance of coverage. Argues that many comprehensive general-liability insurance policies have coverage if the pollution is "sudden and accidental." (MLF)

Discusses balance sheets and income statements for private-sector companies and the ratios that have been developed to guide corporate decision makers. Discusses the various public-sector reports that school districts create and how they can be used to create information via ratios to help school administrators and policymakers in directing and…