July 21, 1998
On September 30, 1997, the Department of Education (ED) delivered the U.S. Department of Education Strategic Plan for 1998-2002 to Congress. The plan includes four goals in support of the Department's mission: To ensure equal access to education and promote educational excellence throughout the nation. Three of the goals address critical national priorities in education and one focuses on making the Department more efficient and, thus a more effective partner with states, local communities, and higher education institutions in the important work of educational improvement. The Department's goals are:
This accountability report contains a brief elaboration of the Strategic Plan objectives that relate to financial management and an analysis of how the Department is meeting those objectives. It is noteworthy that this year, for the first time, the Department received an unqualified or clean audit of our financial statements. These statements together with the notes and the auditors' opinion are included in this accountability report. The report also contains our analysis of financial results for the year, a description of our initiatives to improve financial management, and an outline of how we intend to correct the remaining weaknesses in our internal controls.
I believe this report demonstrates to taxpayers that our nation's resources are being invested and managed wisely to achieve educational excellence.
|Richard W. Riley|