Is it primary government or blended or discretely presented? The City of Winitville is the primary government.
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The City of Winitville is the primary government. The Winitville Board of Education is included with the city for financial reporting purposes. Separate election of school board members is more than offset by the city's influence over the Board's ability to spend, through its annual appropriation. Moreover, because the city provides the funding for the Board of Education, the Board is fiscally dependent upon the city. In effect, the city is accountable to taxpayers and creditors for the school board's operations. The City of Winitville is the primary government. The Winitville Board of Education is included with the city for financial reporting purposes. Separate election of school board members is more than offset by the city's influence over the Board's ability to spend, through its annual appropriation. Moreover, because the city provides the funding for the Board of Education, the Board is fiscally dependent upon the city. In effect, the city is accountable to taxpayers and creditors for the school board's operations.
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Related Book For
Advanced Accounting
ISBN: 978-1934319307
2nd edition
Authors: Susan S. Hamlen, Ronald J. Huefner, James A. Largay III
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