Budget & Financial Reports
Budget
2024-2025 Budget
A public hearing to adopt the 2024-2025 budget was held at 6:30 p.m. on September 18, 2024.
The District's 2024-2025 Budget was approved at the September 18, 2024 Board of Education meeting.
Financial Statements
The District prepared the following financial statements for the year ended June 30, 2024:
Auditor's Report
The District's financial statements were audited by the accounting firm of Lauterbach & Amen, LLP..
Annual Financial Reports
The District files two reports annually with the Illinois State Board of Education.
The Annual Financial Report (AFR) reports financial results in the same categories as the District’s Budget, plus analysis of taxes collected, debt outstanding, capital assets, and other information.
The Annual Statement of Affairs (ASA) reports attendance, employment, payments to employees and to vendors, and summarized financial information.
Debt Rating
The District’s most recent bond issue has been rated AA+ by S&P Global Ratings, the second-highest possible rating.