The formats of the school budget and annual financial report are usually prescribed by state regulations. Creative use of data already collected for other purposes will give meaning to a district's financial story. Lists recommended tables for the statistical section of a comprehensive annual financial report. (MLF)

The Governmental Accounting Standards Board is completing an examination of current practices in state and local government for reporting service efforts and accomplishments (SEA) indicators. Exhibits present the goals and objectives for elementary and secondary education and recommendations for a comprehensive set of SEA indicators for school…

Discusses the Government Accounting Standards Board (GASB) research concerning the identification of indicators of service efforts and service accomplishments. The GASB has proposed that financial reports should not only be useful in assessing accountability, but they should also assist in making economic, social, and political decisions. (six…