Financial reports are a management way of obtaining a concise overview of the previous month's/quater's financial status to have up-to-date reporting of the cash management, profit, and loss statements while evaluating future plans and decisions moving forward. 
A budget is an estimation of revenue and expenses over a specified future period of time and is usually compiled and re-evaluated on a periodic basis.
An audit is a thorough, detailed examination of all of the Districts financial accounts and financial documents. A financial audit is performed to ensure future financial health. 
Select the below link to view financial history for the District.

O&M refers to operating and maintenance expenses; such as property and liability insurance premiums, maintenance of common areas, and services.

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