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Lakota Local School District

Local Schools


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Financial Publications

About the Financial Prospectus

The financial prospectus shares factual information regarding how tax dollars are being used to achieve academic success for our students. We want you, our residents and our investors, to fully understand how your money is being used and what we do on a daily basis to ensure that we are operating a lean, yet effective, budget.

Please note: due to the COVID-19 pandemic, we did not publish financial prospectus issues in 2020 and 2021. Please visit our Finance website to review financial reports during this time.

About the Annual Comprehensive Financial Report

The Annual Comprehensive Financial Report (ACFR), previously known as the Comprehensive Annual Financial Report, is a set of financial statements that are comprising the financial report of the state, municipal or other government entity that comply with the accounting requirements established by the Government Accounting Standards Board (GASB).