What is a Performance and Accountability Report?

The Performance and Accountability Report is a crucial document for government entities as it combines both financial and non-financial performance data. This report is designed to provide a complete overview of how effectively a government agency has achieved its goals and objectives during a reporting period. By integrating performance metrics with financial results, the report allows stakeholders to assess not only the financial health of the agency but also the efficiency and effectiveness of its programs and services.

This holistic perspective is essential because it enables decision-makers, legislators, and the public to understand the value and impact of government activities. The combination of financial data and performance outcomes facilitates greater transparency and accountability, which are key principles in public sector management. Stakeholders can see how resources are being utilized in relation to the intended outcomes, helping to build trust and foster informed discussions about resource allocation and program effectiveness.