The Popular Annual Financial Report (PAFR) is designed to display highlights of the district's audited financial statements in an explanatory, simplified way. Our goal is to explain who we are, how we are positioned financially, and the trends that affect how we educate the next generation of Louisville.
The district's Annual Comprehensive Financial Reports offer insight into its financial activities for the fiscal year, which runs from July 1 through June 30. These statements have been audited and comply with Kentucky and United States governmental accounting requirements.
The financial report consists of three main sections: Introductory, Financial, and Statistical.
The Introductory Section provides an overview of the district, including information about our governance and priorities.
The Financial Section includes audited financial statements, management discussion and analysis, and required supplementary information.
The Statistical Section contains information on Financial Trends, Revenue Capacity, Debt Capacity, Demographic and Economic Information, and Operating Information.
