Form F-196 is the official document used to report annual financial statements for Washington public school districts. This form must be submitted to OSPI. All school districts must prepare and file their annual financial statements as prescribed under WAC 392-117-035 and be in accordance with the Accounting Manual for Public School Districts in the State of Washington.
The procedure for submitting school district annual financial statements is similar to the budget and budget extension process. When the F-196 data submitted to the ESD has passed the review process, the ESD will notify OSPI School Financial Services. The supervisor of School District/ESD Financial Reporting will perform the final review of the data online for each school district before filing and/or approval. The ESD fiscal officer or assistant fiscal officer will be notified if there are problems associated with the submission.
The ESD will then forward official notification and documentation of filing and/or approval to the school district.
Time Schedule for Annual Financial Statement
The time schedule for preparation and submission of the F-196: