This memorandum proposes a set of accounts that school districts should maintain as a part of their total accounting system in order to (1) meet the needs of the Office of Education for financial information and (2) to compare their costs with those in other school districts. Labeled the Comparable Cost Information (CCI) by its originators, the structure presented is intended to show the "maximum" amount of accounting information that school districts need to collect for the purposes described. Should this proposal, or some modification of it, be adopted by a school district, a detailed accounting system can be designed that meets its own needs, with the assurance that (except for unforeseen future requirements mandated by the Congress) this system will also meet the needs of the Office of Education. Since the financial information needs of school districts differ, no attempt has been made to present an overall, unified financial accounting system applicable to all school districts. (Author/DN)