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HOMEWOOD SCHOOL DISTRICT 153
HOMEWOOD, ILLINOIS
ANNUAL FINANCIAL REPORT
JUNE 30, 2016ILLINOIS STATE BOARD OF EDUCATION
School Business Services Division
100 North First Street, Springfield, Illinois
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What is school district footnotes?
School district footnotes provide additional information and explanations related to the financial statements of a school district.
Who is required to file school district footnotes?
School districts are required to file school district footnotes along with their financial statements.
How to fill out school district footnotes?
School district footnotes should be filled out with detailed explanations and supporting information related to the financial data reported in the financial statements.
What is the purpose of school district footnotes?
The purpose of school district footnotes is to provide transparency and clarity regarding the financial position and performance of a school district.
What information must be reported on school district footnotes?
School district footnotes must include explanations of accounting policies, contingencies, commitments, and other relevant financial information.
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