Building-level financial transparency under ESSA will help those interested in education learn more about the equity and effectiveness of our federal, state, and local educational resources. It is critical that we maximize every dollar to provide the best opportunities and improve outcomes for our students. Fiscal transparency reports will outline how much each school is spending per student and the source of the funds. These fiscal transparency reports will be issued for the first time in early 2020 for the 2018-19 school year. At the district level, they will inform conversations with districts about whether equitable resources are being provided to identified schools. At the state level, these reports can help inform future Board of Regents State Aid requests.
Resources and Guidance
- ESSA Financial Transparency Report Preliminary Draft Guidance
- ESSA Financial Transparency Accounting Guidance Spreadsheet
- Feedback Period Survey (Available until COB July 17, 2019)
- April 2019 Presentation to the Board of Regents