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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.

FY 2024 Financial Statements & Audit Report    Issued November 13, 2024

FY 2024 Single Audit Report   Issued November 13, 2024

FY 2024 CYFER   Issued November 13, 2024

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.

FY 2024 AFR    Issued November 13, 2024

FY 2023 AFR    Issued November 30, 2023

FY 2022 AFR    Issued November 10, 2022

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.

FY 2024 ASA    Published November 21, 2024 in The Normalite (Normal, IL)

FY 2023 ASA    Published November 16, 2023 in The Normalite (Normal, IL)

FY 2022 ASA    Published November 24, 2022 in The Normalite (Normal, IL)