What Is the Sofi Report? Why Is My Earnings Information Included?
The SOFI, or Statement of Financial Information, is a reporting requirement under the Financial Information Act. The report is due December 31 and must contain the district’s audited financial statements, a list of employees' remuneration and expenses (if total remuneration exceeds $75,000) and a list of payments made to suppliers (if total payments exceed $25,000) for the year ended June 30th.