Each year, District 728 receives an independent audit that includes four reports: the Comprehensive Annual Financial Report (CAFR), a Management Letter, a Special Purposes Report and an Extra-curricular Student Activity Report.
Comprehensive Annual Financial Report
Comprehensive Annual Financial Report, prepared by the district Finance Department, describes in financial terms the position and operating results of the District, presented in three sections: introductory, financial and statistical.
Management Reports are prepared by an independent auditor, in conjunction with the annual audit of the school district's financial statements, to communicate information relevant to the financing of public education in Minnesota and to provide comments resulting from the audit process.
Special Purpose Audit Reports
Special Purpose Audit Reports are prepared by an independent auditor annually to audit financial statements, each major fund, and aggregate remaining fund information, which collectively comprise the District’s basic financial statements.
Extracurricular Student Activity Account Financial Reports
Extracurricular Student Activity Account Financial Reports are prepared annually by an independent auditor to audit the statement of cash receipts and disbursements of extracurricular student activity accounts.
- 2013 - Under Board Control - part of CAFR
- 2012 - Under Board Control - part of CAFR
- 2011 Extracurricular Student Activity Account Financial Report