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Financial Reports

Each year, Willmar Public Schools develops a budget, participates in an independent financial audit, and holds a Truth in Taxation hearing. The district's related financial reporting documents are available by clicking on the buttons below. For more information, contact the Director of Business and Finance Kathryn Haase at or (320) 231-8511.

  • Board-Approved Budget Documents: The annual budget is a record the district's past decisions and the spending plan for the future. The budget shows our priorities and is a communications document to tell our constituents, the taxpayers, about our priorities and goals.
  • Audit Reports: Each year, Willmar Public Schools receives an independent audit that includes three documents: the Audited Financial Statements, a Management Letter, and an Audit Presentation 
  • MDE Consolidated Financial Statements: Consolidated Financial Statements, developed by the Minnesota Department of Education, offer an overview of each school district's financial picture in an easy to read and understandable format for parents and taxpayers.
  • MDE Budget Publication: State stature requires that every Minnesota school district complete this standardized budget publication document, provided by the Minnesota Department of Education, by November 30 of each year. 
  • Truth in Taxation: School district property tax levies are limited by state law. The Minnesota Department of Education computes the levy limitation for each school district. After hosting a Truth in Taxation hearing, the school district then certifies the levy to the county auditor. The county then sends out the tax statements, collects the tax and makes the payments to the school districts.
  • Minnesota Report Card - ISD 347: The Minnesota Report Card gives you easy access to understandable district and school data. This tool is designed to provide parents, educators, schools, districts and citizens with easy access to important information about schools to help them make decisions and be engaged in the education of Minnesota students.

Key dates

  • June 30: School Board must approve the Annual budget for the next school year.
  • Nov. 30: Audit reports must be completed.
  • Dec. 31: Audit reports must be submitted to the Minnesota Department of Education.

Levy timeline

  • Spring: The county determines market values.
  • Summer: The state determines what can be levied.
  • September: The School Board sets a preliminary levy. Click here to read the levy process.
  • November: The County sends property tax statements.
  • December: The School Board holds a Truth in Taxation hearing, an open forum to educate taxpayers on the budget, explain upcoming spending priorities and how the school district tax process works.
  • December: The School Board sets the School Levy. The levy must be submitted to the Minnesota Department of Education by Dec. 31.