Specifications include, but are not limited to: Benson Unified School District, #9 is a political subdivision of the State of Arizona. The District consists of approximately 1,292 students. The District operates on a July 1st to June 30th fiscal year. The accounting policies of the District conform to generally accepted accounting principles (GAAP) as adopted by the Government Accounting Standards Board (GASB) or Financial Accounting Standards Board (FASB), as applicable. The District is a special-purpose government that is governed by a separately elected governing body. It is legally separate from and fiscally independent of other state and local governments. Furthermore, there are no component units combined with the District for financial statement presentation purposes, and it is not included in any other governmental reporting entity. Consequently, the District’s financial statements present only the activities of those organizational entities for which its elected governing board is financially accountable.