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Finance

CFO Julie Lundgren and Executive Director Shannon Peterson.

        CFO Julie Lundgren and Executive                Director Shannon Peterson receiving         the 2020 Volunteers of America                     Finance Award.

Strong Financial Management
We meet, and often exceed, exacting standards—standards and compliance metrics set by our authorizer, the state, independent auditors, and Standard & Poor’s rating agency, as related to our facility bonds. These standards are not only about net income, but encompass other indicators of financial health: liquidity, reserves, ability to meet debt service, and a strong system of internal controls and policies to ensure excellent stewardship of public funds.   

Annual Financial Reporting
LILA, like other public schools, is required to publish financial information annually.  Our financial reports tell our story. They demonstrate what we spend our funding on—where our heart is. Every decision is based on how to best serve our students and staff in fulfilling our mission. 

District Revenue and Expenditure Report

School audit reports for the previous fiscal year are available by November 30 each year. Audit reports and tax returns are available upon request. Please contact the Chief Financial Officer to request these documents.

Finance Department Contacts:

Julie Lundgren,
Chief Financial
Officer 
651-252-6705

Allison Williams
SpEd Finance Specialist and District Reporting

 

Jennifer Lebens
Accounts Assistant
651-462-0771 x 297

Melissa Bent,
Finance and Online Payments Manager