ยง 1721. Records;  reports.    It  shall  be  the  duty of the board of
  education of a union free school district to keep an accurate record  of
  all  its  proceedings in books provided for that purpose.  It shall also
  be the duty of said board to cause to be published once  in  each  year,
  during  the month of July or during the month of August, in at least one
  public newspaper, published in such district or, if one public newspaper
  is not published in such district, then in  a  public  newspaper  having
  general circulation within such district, a full and detailed account of
  all  moneys received by the board or the treasurer of said district, for
  its account and use, and of all the moneys expended therefor, giving the
  items of expenditure in full; should there be no paper published  in  or
  having general circulation within said district said board shall publish
  such  account  by  notice to the taxpayers, by posting copies thereof in
  five public places in said district.
Structure New York Laws
Title 2 - School District Organization
Article 35 - Union Free School Districts
1701 - Boards of Education Corporate Bodies.
1702 - Board of Education; Election; Terms of Office.
1703 - Change in Number of Members of Board of Education.
1704 - Length of School Year, and Expenditure of Funds.
1705 - Annexing Territory to a Union Free School District.
1706 - Power of Removal of Member of Board of Education.
1707 - Annual Organizational Meetings of Boards of Education.
1708 - Regular Meetings; Visitation of Schools.
1709 - Powers and Duties of Boards of Education.
1709-A - Powers of Boards of Education to Ban Fraternities, Sororities and Other Secret Societies.
1710 - Boards of Education Have Powers of Trustees of Common Schools and Trustees of Academies.
1711 - Appointment of Superintendent of Schools.
1712 - Kindergartens; Nursery and Night Schools.
1713 - Academy May Be Adopted as Academic Department.
1714 - Contracts With Academies.
1715 - Retransfer of Academy to Its Former Trustees.
1716 - Estimated Expenses for Ensuing Year.
1717 - Corporate Authorities Must Raise Tax Certified by Board of Education.
1718 - Limitation Upon Expenditures.
1719 - Deposit, Custody and Payment of Moneys in Villages.
1720 - Moneys and Accounts in Union Free School Districts.
1722 - Application of Article.
1723-A - Temporary Investment of School Moneys.
1724 - Form and Audit of Claims.
1725 - Lease of Personal Property.
1725-A - Powers of Boards of Education; Instructional Equipment.