Audited Financial Report

FISCAL YEAR AUDIT

Every school year, an outside firm performs the School District of Shorewood annual financial audit. The audit is conducted in accordance with standards generally accepted in the USA and with those applicable standards as contained in Government Auditing Standards, issued by the Comptroller General of the United States. The financial position of the governmental activities, each major fund, and the aggregate remaining fund information of the District is for the fiscal year end.