Business and Finance

On January 12, 2010, the District received notification from the Association of School Business Officials (ASBO) International that South Lyon Community Schools was honored with the Meritorious Budget Award for our 2009-2010 budget document. South Lyon is only one of five district in Michigan, and only one of 108 districts throughout North America to receive the award. This is the district's fifteenth consecutive award. South Lyon became the first district in Michigan to receive the award for its 1995-96 budget document.

The South Lyon Community School District has received the Certificate of Excellence in Financial Report from ASBO International for the past nine consecutive years. Less than 5% of Michigan school districts have received this prestigious award, which is the highest form of recognition for a school district’s financial operations. This nationally recognized program reviews and critiques district accounting practices as represented in the Comprehensive Annual Financial Report (CAFR) for adherence to sound principals and reporting procedures.

The Business Department is responsible for the overall business operations of the District including:

• Budgeting and Forecasting
  • Listed below are links to the 2009-2010 Annual Budget.
    • Introduction
    • Organizational Section
    • Financial Section 1
    • Financial Section 2
    • Financial Section 3
    • Informational Section
  • Listed below are links to the 2009-2010 Recommended Budget.
    • Full 2009-2010 Recommended Budget Document (will load slowly, to open sections click one of the link below)
      • Preliminary Budget Highlights and Summary-All Funds
      • General Fund, Summary of Budget
      • Special Revenue Funds- Summary of Budget
      • Debt Service Fund and Capital Project Fund, Summary of Budget
      • Five Year Building Capital Improvement Program
      • Three Year Site Capital Improvement Program
      • Bus Purchase Program
    Click here to view the 2009-10 Recommended Budget and Future Financial Outlook.
  • Click here to view 2007-2008 Federal Awards Supplemental Information
  • Click here to view the 2007-2008 Management Letter
  • Click here to view the 2007-2008 Comprehensive Annual Financial Report
  • Click here to view the 2008-2009 Budget Amendment #1
  • Click here to view the 2008-2009 Budget Amendment #2
  • Click here to view the 2008-2009 Financial Report with Supplemental Information
• Investing
• Payroll
• Purchasing
• Accounts Payable
  • December 2009 Prepaids
  • January 2010 Bill Run
  • January 2010 Bond Bills
• General Ledger and Accounting
• Auditing
• Liability Insurance
• Fixed Assets