EVERY STUDENT SUCCEEDS ACT (ESSA) FINANCIAL TRANSPARENCY REPORTING
In December 2015, the Every Student Succeeds Act (ESSA) was signed into law as the successor to the No Child Left Behind Act enacted in the early 2000s, as amended by the Elementary and Secondary Education Act. Among a multitude of changes to the education landscape resulting from this Federal legislation was the creation of a new financial transparency reporting requirement, whereby all local education agencies (LEAs)1 would annually provide information about: "[t]he per-pupil expenditures of Federal, State and local funds, including actual personnel expenditures and actual non-personnel expenditures of Federal, State and local funds, disaggregated by source of funds, for each location education agency and each school in the State for the preceding fiscal year." (Public Law 114-95, 129 STAT. 1802)
The above requirement requires the district to report its funding information to NYS and the Federal Government. The data reported is for the latest completed fiscal year, meaning the report includes actual expenditures.