District Finance Reports
District Budget
Annual Statement of Affairs
(published in the newspaper in October or November of every year)
Section 10-17 of the School Code (105 ILCS 5/10-17) requires school districts/joint agreements to publish in a local newspaper annually, an ASA summary report
Annual Statement of Affairs - Current and ArchivesSchool District Profile
ISBE views the School District’s comment as a means to explain the districts situation being financial stability/instability, or crisis currently taking place in the district. The Financial Profile Score calculation is an instrument used for communicating with the constituency, legislators, and local school board. While the data presents the facts, an explanation is often necessary and useful to associate the relevancy
ANNUAL FINANCIAL REPORT (AFR)
The AFR is part of the South Beloit School District's annual audit that reflects the financial information and status of the District once the school year (July 1 - June 30th) is completed.