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GISD Annual Financial Audit
2006-07
GISD is extremely proud of its fiscal efficiency and remains committed to the highest level of professionalism. Through the expertise of its staff and the quality of its programs and services, all of what GISD does impacts instruction, learning, productivity and efficiency.
GISD’s budget and corresponding services are structured in response to its Teaching, Learning and Service Plan (TLSP). The current 2006-2011 TLSP is drawn from the parameters of the Michigan School Improvement Framework and integrates the findings of community-wide studies and the relevant contributions of school and community members.
Over 90% of GISD’s comprehensive budget is linked to direct student support services throughout the constituent districts. The remaining 10% of the comprehensive budget accounts for infrastructure and other GISD services vital for student support in Genesee County. GISD's budget is fully compliant with GASB 34 and all other governmental accounting standards.
GISD is pleased to announce that it continues to receive excellent audits from Auditors, Lewis & Knopf, CPAs, without qualifications. Following completion of the audit, Lewis & Knopf presents its final audit report to the GISD Board of Education at a regularly scheduled public meeting. After the report and presentation, the Board formally receives and approves the audit.
GISD's Year-End Audit
Report for the Year Ended
June 30, 2007
Financial Statement - PDF (699KB)
Single Audit - PDF (413KB)
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