Budget and Finance
This page includes the Lakeville Area Schools budget, audit information and other financial information relevant to the district.
The District's fiscal year runs from July 1 through June 30. Lakeville Area Schools is audited annually by an independent audit firm following the close of each fiscal year. Audit results are presented to the School Board each fall.

Pay26 Levy
The Pay26 Levy includes various types of funds: operating, restricted, assigned, community education and debt service. The capital projects levy, which is on the ballot for renewal this fall, is included within the assigned portion of the Preliminary Pay26 Levy. The district’s levy is increasing 0.42% for the Fiscal Year 2026.
Pay26 Levy Resources
Financial Documents
Financial documents will be uploaded for each fiscal year as they become available.
- Fiscal Year 2027 Financials (July 1, 2026 - June 30, 2027)
- Fiscal Year 2026 Financials (July 1, 2025 - June 30, 2026)
- Fiscal Year 2025 Financials (July 1, 2024 - June 30, 2025)
- Fiscal Year 2024 Financials (July 1, 2023 - June 30, 2024)
- Fiscal Year 2023 Financials (July 1, 2022 - June 30, 2023)
- Fiscal Year 2022 Financials (July 1, 2021 - June 30, 2022)
- Fiscal Year 2021 Financials (July 1, 2020 - June 30, 2021)
