Financial Reporting

In an attempt to be as transparent to the public as possible, the Business Affairs department provides multiple reports and documents to keep the public informed of the District's finances.

The budget report, audited financial statements and supporting schedules of Lethbridge School District No. 51 presented to Alberta Learning have been prepared by school jurisdiction management which had responsibility for their preparation, integrity and objectivity. The generally accepted accounting principles and Ministerial requirements for Alberta school jurisdictions.

The District's budget is typically developed and approved from January to May of each year (preceding the relating school year); in which, this is the District's "Preliminary budget" and is the legally adopted operating budget for the District.  The budget is then updated at the beginning of the school year (from September to November) for the updated enrolment count and other updated information; in which, this budget is referred to as the "Operating budget" and/or "September 30th budget". 

The District has received the Meritorious Budget Award (MBA Program) from the Association of School Business Officials (ASBO) International every year (up to 2018/2019 budget) since first receiving the MBA on the 2006/2007 budget for excellence in our Annual Budget Report(s).

The District has received the Canadian Award for Excellence in Financial Reporting (CAnFR Program) from the Government Finance Officers Association (GFOA) International for the 2016/2017 Annual Financial Report (first year of creating and submitting the report).

 

2018-2019 Financial Information

Operating Budget(s)
Preliminary Budget - Executive Summary - [Presentation] Preliminary Budget - Budget Boards
Preliminary Budget - Infographic Preliminary Budget - 2018-2019 Annual Budget Report
 
Financial Statements and Reports
Not yet available  

 

2017-2018 Financial Information

Operating Budget(s)
Fall Update - Budget Update Summary Preliminary Budget - 2017-2018 Annual Budget Report
Fall Update - Executive Summary Preliminary Budget - Budget Presentation
Fall Update - Infographic Preliminary Budget - Infographic
 
Financial Statements and Reports
17/18 - 1st Quarter (November 2017) - [Presentation] 17/18 - 3rd Quarter (May 2018) - [Presentation]
17/18 - 2nd Quarter (February 2018) - [Presentation]  

 

2016-2017 Financial Information

Operating Budget(s)
Budget Update Infographic Preliminary Budget - Infographic
Preliminary Budget - 2016-2017 Annual Budget Report Preliminary Budget - Spending On Education Infographic
Preliminary Budget - Summary Document  
 
Financial Statements and Report
2016-2017 Annual Financial Report Health Indicators Report
Annual Financial Statements - [Presentation] Year in Review Infographic
Year-end Management Discussion and Analysis Report 16/17 - 1st Quarter (November 2016)
16/17 - 2nd Quarter (February 2017) 16/17 - 3rd Quarter (May 2017)

 

2015-2016 Financial Information

Operating Budget(s)
Budget (Infographic)-updated September 30th Preliminary Budget - Summary Document
Preliminary Budget - 2015-2016 Annual Budget Report Presentation of 2015-2016 Budget - June 23,2015 (Prezi)
Budget (Infographic)  
 
Financial Statements and Reports
Audited Financial Statements - [Presentation] Year End Management Discussion and Analysis
Year in Review Infographic  

 

2014-2015 Financial Information

Operating Budget(s)
Budget - Infographic​ (30 Sept. 2014) Preliminary Budget - Summary Document 
Preliminary Budget - 2014-2015 Annual Budget Report Preliminary Budget - Infographic
 
Financial Statements and Reports
Audited Financial Statements - [Presentation] Management Discussion to Audited Financial Statements
Year in Review - Infographic  

 

 

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