The District operates on a fiscal cycle that begins July 1 and ends June 30. The Board of Trustees adopts a budget annually on or before June 30th for the next fiscal year. Throughout the year, the Board may amend this budget as needed. The Board must also publish a first and second interim report and certify the final ending position for each fiscal year. Additionally, an independent auditor must publish an audit of the District's financial position annually in December following the close of the fiscal year.