The District annually publishes a statement of all receipts of school moneys, when and from what source derived, and all expenditures and the account from which expenditures were made.  This statement will also include the present indebtedness and the nature of such indebtedness as well as the rate of taxation for all purposes for the year.  Such statement will be attested by the president and secretary of the Board and forwarded to the State Board of Education.  This financial statement will be published following the Board of Education approval of the audit in a newspaper located within the District or generally circulated within the District.