Chase, Taylor and Phillips $(2008)$ note the following about the government$-$wide financial statements:

$$The government$-$wide financial statements for state and local governments provide new information about operational accountability of a government. Operational accountability measures the economic activity by reporting financial position and results of operations for local governments.

The Governmental Accounting Standards Board $($GASB$)$ defines operational accountability as $$governments$$ responsibility to report the extent to which they have met their operating objectives efficiently and effectively, using all resources available for that purpose, and whether they can continue to meet their objectives for the foreseeable future. The government$-$wide statements give a clear measure of whether the financial health of a government improved during the year.$$

What kind of information in the government$-$wide financial statements helps government officials and the public evaluate the efficiency and effectiveness of the government operations?

Chase, B$.,$ Taylor, R$.,$ and Phillips, R$.(2008).$ Government$-$Wide Information and Operational Accountability. Journal of Government Financial Management $57(3)$: $4852.$