The annual report is one of two key accountability documents that boards of trustees are required to use to inform and report to stakeholders such as the Ministry of Education, Members of Parliament and, most importantly, parents and the wider school community.
The annual report contains the annual financial statements that show how the Board has applied its financial resources to achieve its charter goals.
The annual report also contains an analysis of variance between the planned aims, objectives, directions, priorities, or targets and what the school actually achieved during the year.
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