Geneva School District Recognized for Financial Reporting

Geneva School District was recently awarded the Association of School Business OfficialsInternational’s Certificate of Excellence in Financial Reporting. This award is based on the submissionof a “high-quality” Comprehensive Annual Financial Report for the 2009-10 fiscal year, according toASBO International.

The Certificate of Excellence in Financial Reporting Program reviews the accounting practices andreporting procedures used by school districts and was designed by ASBO International to enable schoolbusiness officials to achieve a high standard of financial reporting. The award, the highest recognitionfor school district financial operations offered by ASBO, is only awarded to school systems that havemet or exceeded the standards of the program.

“We greatly appreciate the work done by Assistant Superintendent Donna Oberg and the comprehensiveaudit work of Klein, Hall & Associates that lead to this recognition for District 304,” saidSuperintendent Dr. Kent Mutchler.

According to ASBO International: “By preparing and presenting a Comprehensive Annual FinancialReport, Geneva School District validated the credibility of the their school system’s operations,measured the integrity and technical competence of the business staff, assisted in strengthening theirpresentations for bond issuance statements, and provided professional recognition.”

The Comprehensive Annual Financial Report for the 2009-10 fiscal year is available on Geneva SchoolDistrict’s website, www.geneva304.org, by clicking on the Geneva 304 Finances link followed by theAnnual Financial Report link.
For more information, contact Donna Oberg, Assistant Superintendent for Business Services, at 630-463-3030 or go to www.asbointl.org.

This notice is from a Geneva School District 304 press release.