District 54 has once again received the Association of School Business Officials (ASBO) International’s Certificate of Excellence in Financial Reporting Award for excellence in the preparation and issuance of its 2012 Comprehensive Annual Financial Report (CAFR).
Only 87 other school districts across the nation (9 others in Illinois) have received the award for more than 25 years. District 54 has received the Certificate of Excellence for 41 years. The award was received for the CAFR report for the fiscal year ending June 30, 2012.
“District 54 is privileged to have received this prestigious award year after year,” said Ric King, District 54’s assistant superintendent of business operations. “It not only confirms our consistency in providing superior financial reporting, which further enhances our fiscal credibility, but it also reinforces our dedication and commitment to our students, and our community.”
The Certificate of Excellence in Financial Reporting Program was designed by ASBO International to enable school business officials to achieve a high standard of financial reporting. The award is the highest recognition for school district financial operations offered by ASBO.