Financial Reports

Annual Comprehensive Financial Reports

The audited financial statements represent the district's financial activity for the fiscal year, July 1 through June 30. Each year's statements have been audited and follow both Kentucky and United States governmental accounting requirements.

The financial statements contain three sections: Introductory, Financial, and Statistical.

Introductory Section

Overview of the district, our governance, and our priorities

Financial Section

The audited financial statements, management's discussion and analysis, and required supplementary information

Statistical Section

Information regarding Financial Trends, Revenue Capacity, Debt Capacity, Demographic and Economic Information, and Operating Information

Popular Annual Financial Report

The Popular Annual Financial Report (PAFR) is designed to display highlights of the district's audited financial statements in an explanatory, simplified way. Our goal is to explain who we are, how we are positioned financially, and the trends that affect how we educate the next generation of Louisville.