Annual Statement of Affairs

District 201-U Financial Creed
The Board and Administration of the district is committed to financial practices that exemplify transparency in governance, accountability to the public and fiscal responsibility to the local tax payers of the district.

The Annual Statement of Affairs is a financial report that all school districts need to complete according to Illinois state law. Each year, school districts have to publish a summary of the Annual Statement of Affairs in a local newspaper prior to November 30th. School districts must also submit the full electronic report to the Illinois State Board of Education before December 15th.

The Annual Statement of Affairs contains a financial summary of a school district’s funds, tax rates, equalized assessed valuation, and enrollment. Summary information regarding employee salaries and payments to vendors is also contained in the report.

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