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 Division's finances.
The budget report, audited financial statements and supporting schedules of Lethbridge School Division 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 Division's budget is typically developed and approved from January to May of each year (preceding the relating school year); in which, this is the Division's "Preliminary budget" and is the legally adopted operating budget for the Division. 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".
Performance Measures Dashboard
The Division has developed a Performance Measures Dashboard for an interactive review of the Division's financial and other information. This dashboard allow individuals to click on the specific information within the dashboard and the report will be adjusted to focus in on the selected information.
Performance Measures Dashboard
This dashboard provides multiple types of performance measures for the Division and how the Division compares to Provincial and other comparative data. This dashboard includes key performance measures on Accountability Pillar, Financial Ratios, and Student Surveys.
Awards

The Division has received the Meritorious Budget Award (MBA Program) from the Association of School Business Officials (ASBO) International every year (up to the 2023-2024 Annual Budget Report) since first receiving the MBA on the 2006-2007 budget for excellence in our Annual Budget Report(s).

The 2024-2025 Annual Budget Report is our most current comprehensive budget reporting for the Division. This report has been submitted to ASBO International for consideration for the Meritorious Budget Award (MBA) for excellence in our budget presentation.
Budget Reports:
- Preliminary Budget - 2024-2025 Annual Report
- Preliminary Budget - Executive Summary - [Video Presentation]
- Preliminary Budget - Infographic
- Preliminary Budget - How Students Are Supported Infographic
- 2024-2025 Alberta Education Funding Manual
- Fall Update - Executive Summary - [Presentation]
- Fall Update - Budget Update Infographic
- Fall Update - Infographic
Financial Statements and Reports:
Budget Reports:
- Preliminary Budget - 2023 - 2024 Annual Budget Report
- Preliminary Budget - Executive Summary - [Video Presentation]
- Preliminary Budget - Infographic
- Preliminary Budget - Budget Boards
- 2023-2024 - Provincial Funding Manual (Alberta Education)
- Fall Update - Executive Summary - [Presentation]
- Fall Update - Budget Update Infographic
- Fall Update - Infographic
Financial Statement and Reports:
Budget Reports:
- Preliminary Budget - 2022 - 2023 Annual Budget Report
- Preliminary Budget - Executive Summary - [Video Presentation]
- Preliminary Budget - Infographic
- Preliminary Budget - Budget Boards
- 2022-2023 - Provincial Funding Manual (Alberta Education)
- Fall Update - Executive Summary - [Presentation]
- Fall Update - Budget Update Infographic
- Fall Update - Infographic
Financial Statement and Reports:
- Annual Financial Statements - [Presentation]
- Year-end Management Discussion and Analysis Report
- Health Indicators Report
- Year in Review Infographic
- 22/23 - 1st Quarter (November 2022) - [Presentation]
- 22/23 - 2nd Quarter (February 2023) - [Presentation]
- 22/23 - 3rd Quarter (May 2023) - [Presentation]
Budget Reports:
- Preliminary Budget - 2021-2022 Annual Budget Report - [Reduced Size]
- Preliminary Budget - Executive Summary - [Video Presentation]
- Preliminary Budget - Infographic
- Preliminary Budget - Budget Boards
- Preliminary Budget - Poster - The Pieces of the Division's Budget
- Preliminary Budget - Poster - How our Students are Supported
- Fall Update - Executive Summary - [Presentation]
- Fall Update - Budget Update Infographic
- Fall Update - Infographic
- 2021-2022 - Provincial Funding Manual (Alberta Education)
Financial Statements and Reports:
- Annual Financial Statements -[Presentation]
- Year-end Management Discussion and Analysis Report
- Health Indicators Report
- Year in Review Infographic
- 21/22 - 1st Quarter (November 2021) - [Presentation]
- 21/22 - 2nd Quarter (February 2022) - [Presentation]
- 21/22 - 3rd Quarter (May 2022) - [Presentation]
Budget Reports:
- Preliminary Budget - 2020-2021 Annual Budget Report - [Reduced Size]
- Preliminary Budget - Executive Summary - [Video Presentation]
- Preliminary Budget - Infographic
- Preliminary Budget - Budget Boards
- Preliminary Budget - Amendment Summary
- Amended Preliminary Budget - Executive Summary
- Amended Preliminary Budget - Infographic
- Amended Preliminary Budget - Budget Boards
- Amended Preliminary Budget - Poster - The Pieces of the Division's Budget
- Amended Preliminary Budget - Poster - How our Students are Supported
- Fall Update - Executive Summary - [Presentation]
- Fall Update - Budget Update Infographic
- Fall Update - Infographic
- 2020-2021 - Provincial Funding Manual (Alberta Education)
Financial Statements and Reports:
- 2020-2021 Annual Financial Report - [Reduced Size]
- Annual Financial Statements - [Presentation]
- Year-end Management Discussion and Analysis Report
- Health Indicators Report
- Year in Review Infographic
- 20/21 - 3nd Quarter (May 2021) - [Presentation]
- 20/21 - 2nd Quarter (February 2021) - [Presentation]
- 20/21 - 1st Quarter (November 2020) - [Presentation]
Budget Reports:
- Preliminary Budget - 2019-2020 Annual Budget Report
- Preliminary Budget - Executive Summary - [Presentation]
- Preliminary Budget - Infographic
- Preliminary Budget - Budget Boards
- Fall Update - Executive Summary - [Presentation]
- Fall Update - Budget Update Summary
- Fall Update - Infographic
- 2019-2020 - Provincial Funding Manual (Alberta Education)
Financial Statements and Reports:
- 2019-2020 Annual Financial Report - [Reduced Size]
- Annual Financial Statements - [Presentation]
- Year-end Management Discussion and Analysis Report
- Health Indicators Report
- Year in Review Infographic
- 19/20 - 3rd Quarter (May 2020) - [Presentation]
- 19/20 - 2nd Quarter (February 2020) - [Presentation]
- 19/20 - 1st Quarter (November 2019) - [Presentation]
Budget Reports:
- Preliminary Budget - 2018-2019 Annual Budget Report
- Preliminary Budget - Executive Summary - [Presentation]
- Preliminary Budget - Infographic
- Preliminary Budget - Budget Boards
- Fall Update - Executive Summary - [Presentation]
- Fall Update - Budget Update Summary
- Fall Update - Infographic
- 2018-2019 - Provincial Funding Manual (Alberta Education)
Financial Statements and Reports:
- 2018-2019 Annual Financial Report
- Annual Financial Statements - [Presentation]
- Year-end Management Discussion and Analysis Report
- Health Indicators Report
- Year in Review Infographic
- 18/19 - 3rd Quarter (May 2019) - [Presentation]
- 18/19 - 2nd Quarter (February 2019) - [Presentation]
- 18/19 - 1st Quarter (November 2018) - [Presentation]
Budget Reports:
- Preliminary Budget - 2017-2018 Annual Budget Report
- Preliminary Budget - Budget Presentation
- Preliminary Budget - Infographic
- Fall Update - Executive Summary
- Fall Update - Budget Update Summary
- Fall Update - Infographic
Financial Statements and Reports:
- 2017-2018 Annual Financial Report
- Annual Financial Statements - [Presentation]
- Year-end Management Discussion and Analysis Report
- Health Indicators Report
- Year in Review Infographic
- 17/18 - 3rd Quarter (May 2018) - [Presentation]
- 17/18 - 2nd Quarter (February 2018) - [Presentation]
- 17/18 - 1st Quarter (November 2017) - [Presentation]