The report out should have included an analysis that included debts and liabilities as apportioned by operating unit. The financial model provided possibly was a good faith attempt to show, without the liabilities and debt, how the operating units were performing. This specific analysis can be included as a package of financial report outs. The primary report/analysis though should include debts and liabilities,however, the stripped out analysis is helpful in determine if attempts to improve operating unit performance are succeeding. They very well may have been the purpose of this particular analysis that was presented. Transparency in financial reporting to the community is essential to obtain community support. Financial reports need to be consistent from reporting period to reporting period. Varied revenue sources such as grants etc should be identified.
Please explain the inappropriate content below.
