Annual Financial Statements - Purpose and Description of
Government financial statements are annual financial statements or reports for the year. The financial statements, in contrast to budget, present the revenue collected and amounts spent. The government financial statements usually include a statement of activities (similar to an income statement in the private sector), a balance sheet and often some type of reconciliation. Cash flow statements are often included to show the sources of the revenue and the destination of the expenses.
In accordance with the State Law, Carrollton Community Unit School District has an independent audit performed each year. CCUSD #1 has contracted with Croxford & Company to complete the audit. The District has received an adverse audit finding opinion.
Current audit information and historical audit information is available for download. Just click on the requested document found under "document uploads".