Budget and Transparency Reporting

Light of the World Academy believes in being transparent with all of the resources provided to us and how we use them. We will post annual operating budgets, revisions, and other expenditures here. We encourage you to review the information provided below, and check back often for updates.

Section 18 (2) of Public Act 94 of 1979, The State School Aid Act, has been amended, which requires each school district and intermediate school district to post certain information on its website within 30 days after a board adopts its annual operating budget or any subsequent revision to that budget. The Annual Budget and Transparency Reporting is an opportunity to communicate to our community how we utilize the resources that are provided to us.

We are required to post the following information on our website.

Fiscal Year 2024–2025

Personnel Expenditures

Current operating Expenditures

Annual Education Reports

Current Bargaining Agreements

  • Our staff does not currently work under bargaining agreements.

employer sponsored health care plans

  • District staff is hired through a third-party vendor. There are no employer sponsored health care programs.

Audited Financial Statements

Medical Benefit Plan Bids

  • We have no medical benefit plan bids

Procurement Policy

Expense Reimbursement Policy

Accounts Payable Check Register

Employee Compensation Information

LOTWA Lead Administration

District Paid Association Dues

  • There were no District Paid Association Dues for 2022-23.

District Paid lobbying Costs

  • There were no District Paid Lobbying Costs for 2022-23.

DISTRICT CREDIT CARD INFORMATION

  • The district does not currently hold any credit cards.

DISTRICT OUT-OF-STATE TRAVEL INFORMATION

  • LOTWA did not pay out-of-state expenses in 2022-2023.

DEFICIT ELIMINATION PLAN

  • LOTWA does not currently have a deficit.

Charter Contract

Governing Board Documents

Parent Involvement Plan

Emergency Drills

Evaluations

Asbestos Plan

Handbook

Hazard Pay

Continuity of Learning Plan