Financial Data

The district creates and revises the budget throughout the school year. Once the year is completed, the district will prepare an Annual Financial Report (AFR) that will reflect the revenues and expenditures that occurred during the fiscal year (July 1-June 30). The format and submission deadlines for these files are governed by Arizona revised statutes. The AFR is audited by the district's auditing firm, CliftonLarsonAllen. CliftonLarsonAllen then assists the district with the preparation of the Comprehensive Annual Financial Report (CAFR). In addition to financial data, the CAFR contains financial analysis of district funds, a narrative with a description of the funds, district financial awards, and demographic data. The AFR is also submitted to the Arizona Department of Education (ADE) where it is compiled with other information to create the Superintendent's Annual Financial Report (SAFR).

The AFR is also submitted to the auditor general's office who compiles information from all of the Arizona districts. The auditor general's office uses the information from the school districts to create the classroom spending report. This report compares the spending patterns and achievement of each district by grouping districts into peer groups.

All of these reports can be accessed in the table below:
Proposed Budget
Initial planned expenditures of the district based on anticipated revenues and defined budget limits.  This file must be submitted to the Arizona Department of Education by July 5.
Adopted Budget
The official adoption of the proposed budget based on input from the community during a public hearing. This file must be submitted to the Arizona Department of Education by July 15.
Revised Budget
The most current budget for the fiscal year which reflects any changes in revenues and/or expenditures. The final revision must be submitted to the Arizona Department of Education by May 15. There are some provisions for revising after the deadline.
Annual Financial Report  (AFR)
The actual revenue and expenditures completed after the end of the fiscal year. This file must be submitted to the Arizona Department of Education by October 15. There are some provisions for revising the file after the deadline.
Comprehensive AFR (CAFR)
The audited financial statements of the district completed with a narrative to help provide a greater understanding. This report is typically released in January.
Classroom Spending Report
An independent analysis of spending in Arizona school districts performed by the auditor general's office in accordance with Proposition 301 (2000). This report is released in March but is based on data from the previous year. These reports are listed under the financial year that they are based on, not the release date.
Certificate of Excellence Award
The Association of School Business Officials International’s Certificate of Excellence (COE) in financial reporting award. The COE award is conferred to school systems that have met or exceeded the stringent standards of the COE criteria. The district is recognized for its high-quality Comprehensive Annual Financial Report.
GFOA Certificate of Achievement for Excellence in Financial Reporting
The district comprehensive annual financial report (CAFR) qualifies for a Certificate of Achievement for Excellence in Financial Reporting.  The Certificate of Achievement is the highest form of recognition in government accounting and financial reporting, and its attainment represents a significant accomplishment by a government and its management.