A Report on the Financial Management and Accountability in the State’s K-12 Public School System

Report #85, November 1987

OVERVIEW

The Commission presents five findings regarding financial management, accountability and control in the Senate’s K-12 public school districts. Among the eight recommendations made by the commission are: providing the Superintendent of Public Instruction with greater authority to intervene in school districts that fail to act in a financially responsible manner; increasing the number of financial management assistance reviews by the State Department of Education; and requiring the annual audits of school districts to contain additional information on a district’s financial condition and performance.