Budget & Financial Information
Annual Audit
The annual audit for West Fargo Public Schools is conducted by Eide Bailly LLP. The audit is generally conducted in September of each year for the prior fiscal year ending on June 30. The Fiscal Year 2024 Audit Report was presented to the School Board on December 16, 2024.
Annual Budget
The School Board approved the preliminary budget for the 2024-25 school year at their August 5, 2024, regularly scheduled meeting.
The required hearing on the district's budget and mill levy was held during the September 9, 2024, regularly scheduled Board meeting.
Bonded Indebtedness
|
Bond
|
Primary Purpose
|
Date of Issue
|
Final Due Date
|
Amount of Issue
|
Amount Paid to Date
|
Unpaid Balance
|
|---|---|---|---|---|---|---|
|
FF
|
Sheyenne 9th Grade Center and Aurora Elementary School |
5/9/2005 |
6/1/2025 |
$2,500,000.00 |
$2,362,833.38 |
$137,166.62 |
|
HH
|
Osgood Kindergarten Center and Leidal Education Center Additions, West Fargo High School Generator |
12/15/2010 |
5/1/2027 |
$5,000,000.00 |
$0.00 |
$5,000,000.00 |
|
JJ
|
Freedom Elementary School, Liberty Middle School, and Sheyenne High School |
11/1/2011 |
6/1/2031 |
$4,000,000.00 |
$2,419,534.87 |
$1,580,465.13 |
|
LL
|
Independence Elementary School |
8/1/2013 |
6/1/2033 |
$9,040,000.00 |
$4,748,815.40 |
$4,291,184.60 |
|
MM
|
Legacy Elementary School |
4/1/2014 |
6/1/2033 |
$9,400,000.00 |
$4,676,293.65 |
$4,723,706.35 |
|
NN
|
Hulbert Aquatic Center, West Fargo Sports Arena, Elementary School |
12/28/2015 |
5/1/2035 |
$7,650,000.00 |
$0.00 |
$7,650,000.00 |
|
OO
|
Hulbert Aquatic Center, West Fargo Sports Arena, Elementary School |
5/11/2016 |
6/1/2033 |
$45,000,000.00 |
$15,060,000 |
$29,940,000 |
|
PP
|
Hulbert Aquatic Center, West Fargo Sports Arena, Elementary School |
4/24/2017 |
8/1/2036 |
$45,450,000 |
$11,065,000 |
$34,385,000 |
|
|
Deer Creek Elementary School |
6/5/2018 |
8/1/2038 |
$10,155,000.00 |
$1,690,000 |
$8,465,000 |
|
RR
|
Heritage Middle School, Horace High School, and Elementary Schools |
5/1/2019 |
8/1/2038 |
$33,400,000.00 |
$4,770,000 |
$28,630,000 |
|
SS
|
Heritage Middle School, Horace High School, and Elementary Schools |
6/1/2020 |
6/1/2040 |
$10,000,000.00 |
$1,699,208.50 |
$8,300,791.50 |
|
TT
|
Heritage Middle School, Horace High School, and Elementary Schools |
6/2/2020 |
8/1/2039 |
$59,145,000.00 |
$6,475,000 |
$52,670,000 |
|
UU
|
Special Assessment Restructuring |
6/2/2020 |
8/1/2035 |
$10,515,000.00 |
$1,955,000 |
$8,560,000 |
|
VV
|
Bonded Indebtedness Restructuring |
3/24/2021 |
8/1/2031 |
$42,725,000.00 |
$5,235,000 |
$37,490,000 |
| WW | Meadowlark Land Acquisition | 5/28/2022 | 8/01/2041 | $3,135,000 | $300,000 | $2,835,000 |
| XX | Meadowlark Elementary | 5/28/2022 | 8/01/2039 | $6,250,000 | $645,000 | $5,605,000 |
|
Totals
|
|
|
|
$303,365,000.00
|
$63,101,685.80
|
$240,263,314.20
|