This page will serve as a resource for business officials looking for information on school-level financial reporting. It will be updated as Best Practices, FAQs, and Resources are assembled by ASBO staff and volunteer school business officials.
ESSA School Financial Transparency Reporting
The State Education Department is working to finalize guidance for ESSA school level financial reporting. They are soliciting feedback that will inform their final decisions. We created an ESSA Recommendations page with more information and recommendations developed by ASBO members that you can use to provide feedback.
Complying with Federal and State School Level Financial Reporting
At the 2019 Education Summit & Expo, ASBO New York's Director of Education and Research, Deborah Cunningham, delivered a presentation on school level financial reporting. The presentation touches on state requirements but dives deeply into complying with federal requirements for school level financial reporting.
New York State School Funding Transparency Reporting
School-Level Financial Transparency Webinar
On December 10, 2018, a panel of school business officials discussed their experiences reporting the School-Level Financial data (Section 3614 of Education Law) for the first time. Panelists explain the challenges they faced and methods they used in completing the transparency form.
View and download the webinar here.
View and download the accompanying powerpoint here.
Division of the Budget Guidance
Guidance from the Division of the Budget can be found here.