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    Budgets and Financial Reports

    The district's annual budget and other financial reports are available below.

    Budget Summary
    The budget summary provides meaningful financial and budgetary information to the public. It provides background information on the different funds, sources of income and more. The budget summary document includes the same basic financial information available in the district’s official F-195 budget, while at the same time providing valuable context, helpful graphs and charts, and additional data that enhances the understanding of that basic financial information and its relation to the strategic goals of the district. The district was awarded the Meritorious Budget Award for this document.

    Full Budget
    The full budget is the district’s official F-195 form filed with the Office for the Superintendent of Public Instruction. For past years, the completed financial report, the official F-196 form filed with the state, is also posted.

    Audit Reports
    Each year, the Washington State Auditor’s office performs an audit of Lake Washington School District’s financial statements and reviews its compliance with state and federal laws. This independent review helps ensure that the district is following appropriate accounting standards and has financial control over the use of taxpayer dollars.

    This independent audit reviews the district’s internal control over financial reporting and major programs for which the district receives federal funding. The auditor obtains reasonable assurance about whether the district’s financial statements are free from material misstatement. The audit is performed in accordance with government auditing standards. The independent audit also reviews the district’s accountability and compliance with state laws and regulations as well as its own policies and procedures. The two reports for each year are posted below and are also available on the website of the Washington State Auditor.

    Proposed Budget 2019-20

    The proposed budget was presented at the June 24, 2019 Board meeting. Public comment period for the proposed budget is June 25-August 11. The Board will have a public hearing for the budget on August 12. On August 26, the Board will take formal action on the 2019-20 budget.

    Draft Budget Summary
    Draft Full Budget (F-195)

    Let's Talk! Submit your questions and comments
    regarding the proposed budget here

    Current Budget: 2018-19

    Budget and Financial Report Archive

    2017-18

    2016-17

    2015-16

    2014-15

    2013-14

    2012-13

    2011-12

    2010-11

    2009-10

    2008-09

    2007-08

    If you would like additional information, please call Lake Washington School District’s Public Information Office at 425-936-1300. Please send your comments and suggestions concerning the budget to [email protected].

    * Associated Student Body (ASB) funds are raised by and for students. These funds are used for optional, extracurricular events that are cultural, athletic, recreational, or social. These funds are not available for graded student activities that are part of the school curriculum.