Finance

Each year, HSSD is audited by KerberRose. View the 2024-25 Audit Results here.

View audit results from past years. 

View budget books from past years. 

Certificate of Excellence in Financial Reporting Award 

HSSD is proud to have been awarded the prestigious Certificate of Excellence in Financial Reporting (COE) Award for the second consecutive year. This honor recognizes school districts that uphold the highest standards of financial reporting and transparency. HSSD earned the Certificate of Excellence for its exemplary Annual Comprehensive Financial Report (ACFR) for the fiscal year ending in June 30, 2025. Thank you to The Association of School Business Officials International (ASBO) for honoring our Finance team, led by Executive Director of Finance Josh Swanson, with this award! HSSD is one of only two districts in the state to receive this certificate in 2025.

The HSSD community approved two referendum questions on April 7, 2026. One question was for an operational referendum, which was to exceed the revenue limit by $7M for 7 years. In total, 53.4% voted yes.

The operational referendum invests in student programs, small class sizes, and staff compensation.

Since 2018, community feedback has been clear: small class sizes and great teachers are top priorities. This referendum directly protects those priorities. The community passed operational referendums in 2018, 2021, and 2026. 

To learn about the facilities referendum projects, please visit the Facilities Updates page.

Operational Referendum Video (2:00)

Setting the Tax Levy

Have you ever wondered how HSSD and public school district set their tax levies? Watch the video below to learn more about the process! 

Note: This video was made in early 2024, so some HSSD information is old. The big ideas are still correct, and the video helps explain how the tax levy is set.

School Finance

The basic building blocks of school funding in Wisconsin - property taxes, state aid, and federal funds - are each understandable; it is how they fit together that often can be confusing.

• School finance information from HSSD and the Villages of Howard and Suamico. 
• Wisconsin Revenue Limit Law