Annual Financial Reports

All Illinois school districts are required to prepare annual financial reports (AFR) on a form that is prescribed by the Illinois State Board of Education (ISBE). The use of a standardized form allows people to compare North Chicago School District 187’s financial results with any other district in the state. Districts must submit annual financial reports each year to ISBE and their Regional Office of Education. Annual financial reports for other school districts can be found in this archive on ISBE’s website

Audited Financial Statements

In addition to the annual financial report, District 187 also prepares audited financial statements for each fiscal year. Beginning in 2018, District 187 started preparing Comprehensive Annual Financial Reports, which provides supplemental and statistical information in addition to the financial statements.