In accordance with Arizona Revised Statute §41-725, which requires the District to provide financial transparency, we are providing information for the public's review. For more information regarding the Arizona Transparency Act, please visit http://openbooks.az.gov
Crane Elementary School District No. 13 is committed to providing a clear view of how the District's funds are spent. We invite you to review the information provided for you below regarding the District's expenditures, budgets, financial reports, and other pertinent information.
The District creates and revises the budget throughout the school year. Once the year is completed, the District will prepare an Annual Financial Report (AFR) that will reflect the revenues and expenditures that occurred during the fiscal year (July 1 - June 30). The format and submission deadlines for these files are governed by Arizona Revised Statutes. The AFR is audited by the District's auditing firm, Heinfeld, Meech & Co., P.C. (H&M). H&M then assists the District with the preparation of the Comprehensive Annual Financial Report (CAFR), the Single Audit Reporting Package (SARP), and the Popular Annual Financial Report (PAFR). In addition to financial data, the CAFR contains financial analysis of District funds, a narrative with a description of the funds, District financial awards and demographic data. The PAFR is a summary of the CAFR, but in a format that does not necessarily require a background in public finance in order to interpret or understand the report. The AFR is also submitted to the Arizona Department of Education (ADE) where it is compiled with other information to create the Arizona Superintendent of Public Instruction's Annual Financial Report (SAFR).
The AFR is also submitted to the Auditor General's Office who compiles information from all of the Arizona Districts. The Auditor General's Office uses the information from the School Districts to create the Classroom Spending Report. This report compares the spending patterns and achievement of each District by grouping Districts into peer groups.
All of these reports can be accessed in the tables below.