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 Board of Education each fall.

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

District 194 Financials

Fiscal Year 2024 Financials (July 1, 2023 - June 30, 2024)
Property Tax Levy
- Payable 23 Property Tax Levy
Fiscal Year 2023 Financials (July 1, 2022 - June 30, 2023)
Budget
- FY23 Budget
Property Tax Levy
- Payable 22 Property Tax Levy
Fiscal Year 2022 Financials (July 1, 2021 - June 30, 2022)
Financial Reports
- Annual Comprehensive Financial Report
- Schedule of Expenditures of Federal Awards
Budget
- Final Budget
- Budget Publication Report
Property Tax Levy
- Payable 21 Property Tax Levy
Fiscal Year 2021 Financials (July 1, 2020 - June 30, 2021)
Financial Reports
Budget
- Final Budget
- Budget Publication Report
Fiscal year 2020 Financials (July 1, 2019 - June 30, 2020)
Financial Reports
Budget
- Preliminary Budget
- Budget Publication Report

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.