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 Board of Education each fall.
Financial documents will be uploaded for each fiscal year as they become available.
2023-24 Budget at-a-Glance
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District 194 Financials
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Fiscal Year 2025 Financials ( July 1, 2024 - June 30, 2025)
Budget
- FY25 Preliminary Budget
- District Revenue Expenditure Budget 24-25
Property Tax Levy
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Fiscal Year 2024 Financials (July 1, 2023 - June 30, 2024)
Budget
- FY24 Budget
- District Revenue Expenditure Budget 23-24 **Based off of Preliminary FY24 Budget
- Budget Process Timeline
Property Tax Levy
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Fiscal Year 2023 Financials (July 1, 2022 - June 30, 2023)
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Fiscal Year 2022 Financials (July 1, 2021 - June 30, 2022)
Financial Reports
- Annual Comprehensive Financial Report
- Executive Audit Summary
- Schedule of Expenditures of Federal Awards
Budget
Property Tax Levy
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Fiscal Year 2021 Financials (July 1, 2020 - June 30, 2021)
Contact
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If you have questions or need additional clarification about tax resources and information, please contact Executive Director of Business Services Bill Holmgren via email at bill.holmgren@isd194.org or call 952-232-2064.