K-12 Finance Information
The mission of the Collective Bargaining and Research (CBaR) Department is to provide collective bargaining and research information to help staff, leaders, and locals make informed decisions that promote union members' economic security and professional interests.
In this context, CBaR provides K-12 finance information to its members.
GASB Statement No. 54 - Fund Balance Reporting and Governmental Fund Type Definitions
In February 2009 the Governmental Accounting Standards Board (GASB) published Statement No. 54 that addressed the pronouncement of a new fund balance classification system to clarify existing governmental fund type definitions. GASB Statement No. 54 amends National Council of Governmental Accounting (NCGA) Statement 1, Governmental Accounting and Financial Reporting Principles (2000), and GASB Statement No. 34, Basic Financial Statements- and Management’s Discussion and Analysis- for State and Local Governments (2000).
GASB Statement No. 39 - Component Units
In May 2002 the Governmental Accounting Standards Board (GASB) published Statement No. 39 that addressed the determination of whether certain organizations are component units. GASB Statement No. 39 is an amendment of GASB Statement No. 14, The Financial Reporting Entity, issued in June 1991. For members of the Ohio Education Association, this Statement provides important guidance to post-secondary education institutions which are served by a foundation.
The GFA
This document prepared by OEA research describes the content of the general fund analysis (GFA) report. The GFA is OEA's model for presenting district financial data and projecting revenue growth.
