Reporting entities. Based on the following very limited information, indicate whether and how the city should report its related entity. 1. Its school district, although not a legally separate...

Reporting entities. Based on the following very limited information, indicate whether and how the city should report its related entity.

1. Its school district, although not a legally separate government, is managed by a school board elected by city residents. The system is financed with general tax revenues of the city, and its budget is incorporated into that of the city at large (and thereby is subject to the same approval and appropriation process as other city expenditures).