Members of the board of trustees of the Financial Accounting Foundation have approved two appointments to the Governmental Accounting Standards Board -- the accounting and reporting standards-setter for state and local governments.

Marcia L. Taylor, assistant manager of the city of Mt. Lebanon, Pa., was named to a five-year term as a member of GASB, effective July 1. She replaces Paul R. Reilly, who is completing the maximum 10 years that a board member may serve.

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