A communication was posted yesterday by the Texas Education Agency covering various issues related to school districts’ fiscal year 2016 annual financial reports. The communication contained clarifications on reporting GASB Statement 68 pension-related amounts; additional data elements in the L-1 Schedule; an additional data element in Schedule A-1 Statement of Net Position; and requested action on data consistency issues.
To access the TO THE ADMINISTRATOR ADDRESSED letter on this topic dated October 11, 2016, click on the link below.
http://tea.texas.gov/interiorpage_wide.aspx?id=51539610946