Chagrin Falls Schools Awarded for Outstanding Financial Reporting

Chagrin Falls Schools has received the Association of School Business Officials (ASBO) International’s Certificate of Excellence in Financial Reporting for the fiscal year ended 2020.  This award represents a significant achievement and reflects the District’s commitment to transparency and high-quality financial reporting.

“The Certificate of Excellence award’s mission is to promote and recognize excellence in financial reporting,” said ASBO International Executive Director David Lewis. “The Comprehensive Annual Financial Report informs stakeholders about the financial and economic state of the district, making it an important communications tool for building trust and engaging with the school community.”

By participating in the COE program, school districts demonstrate their commitment to financial transparency. Applicants submit their report for review by a team of financial professionals who provide feedback to improve future documents. If the report meets the requirements of the program, it may receive the Certificate of Excellence. A district’s participation in the COE program can facilitate bond rating and continuing bond disclosure processes.

Geauga News
Author: Geauga News