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Budget and Finance

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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 district’s levy is increasing 0.42% for the Fiscal Year 2026.

The image is a pie chart that displays the allocation of the Pay26 Tax Levy

Business & Finance Related Articles

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  • School Board
May 26 School Board Meeting Recap

At the May 26 school board meeting, several topics were discussed including: a presentation of Educators of Excellence Awards, the school board approved several subjects including: the Long Term Facilities and Maintenance for District 917 and Lakeville Area Schools, approved the sale of and removal of surplus technology devices, approved Policy 704, approved dates for affidavits of candidacy, approved curriculum resources for social studies and english language arts. A special education report was shared, and the first reading of policies 606.5, 102, and 531. 

  • BOE
  • District
  • Finance
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  • School Board
May 19 School Board Meeting Recap

At the May 19 school board meeting, several topics were discussed including: approving the resolution canvassing the return if votes for the districts special election, Long Term Faciliites and Maintenance (LTFM) plan for district 917, review preliminary Fiscal Year 2027 Budget, and much more. 

  • BOE
  • District
  • Finance

Financial Documents

Financial documents will be uploaded for each fiscal year as they become available.

Awards & Certificates