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Financial Reports

Financial Statements & Audit Report

Unit 5 issues financial statements each fiscal year, and has an independent auditor issue an opinion of those reports.  Please click on the link below to view the most recently issued financial statements and audit report.

2021-2022 Financial Statements & Audit Report issued November 10, 2022

2021-2022 Single Audit issued November 10, 2022

2021-2022 CYEFR issued November 10, 2022

Annual Financial Reports

The Illinois School Code requires school districts/joint agreements to file an audited Annual Financial Report (AFR) each year.  Below are Unit 5's audited AFRs for the last three fiscal years.  If you wish to view older AFRs, please visit the Illinois State Board of Education's archive of publications and reports.

2021-2022 AFR issued November 10, 2022

2020-2021 AFR issued October 11, 2021

2019-2020 AFR issued October 9, 2020

Annual Statement of Affairs

The Illinois School Code requires school districts/joint agreements to file an Annual Statement of Affairs (ASA) with the Illinois State Board of Education by December 15 annually.  It also requires that an ASA summary is published in a local newspaper by December 1 annually.  Below are Unit 5's ASAs for the last three fiscal years.  If you wish to view older ASAs, please visit the Illinois State Board of Education's archive of publications and reports.

2021-2022 ASA published November 24, 2022 in The Normalite (Normal, IL)

2020-2021 ASA published November 18, 2021 in The Normalite (Normal, IL)

2019-2020 ASA published November 19, 2020 in The Normalite (Normal, IL)