Business, 15.04.2020 02:07 zahid79

Valley Town’s public school system is administered by a separately elected board of education. The board of education is not organized as a separate legal entity and does not have the power to levy taxes or issue bonds. Valley’s city council approves the school system’s budget. How should Valley report the public school system’s annual financial results?

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Valley Town’s public school system is administered by a separately elected board of education. The b...

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