For the 27th consecutive year, the Kettering City School District has been presented with the Certificate of Excellence in Financial Reporting from the Association of School Business Officials International (ASBO). The district earned the Certificate of Excellence (COE) for its Annual Comprehensive Financial Report for the fiscal year ended 2021.
"The COE's mission is to promote and recognize excellence in financial reporting," said David Lewis, executive director of ASBO International. "The Annual Comprehensive Financial Report informs stakeholders about the financial and economic state of the district, making it an important communications tool for building trust and engaging the school community."
By participating in the COE program, school districts demonstrate their commitment to financial transparency. Applicants submit their Annual Comprehensive Financial Report (ACFR) for review by a team of financial professionals who provide feedback to improve future documents. If the ACFR meets the requirements of the program, it may receive the Certificate of Excellence.