District 201 Receives Certificate of Excellence Award

September 16, 2014 | Filed under: Education | Posted by: Michael Flaherty +

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District 201 Receives Certificate of Excellence Award

(Cicero, IL) – J. Sterling Morton High School District No. 201 received the Association of School Business Officials International’s (ASBO) Certificate of Excellence in Financial Reporting award for having met or exceeded the program’s high standards for financial reporting and accountability.

The district was recognized for its Comprehensive Annual Financial Report for the fiscal year ending 2013. A Comprehensive Annual Financial Report (CAFR) is a set of financial statements that provide a thorough and detailed presentation of a school district’s financial condition and goes beyond the minimum information necessary for fair presentation in conformity with generally accepted accounting principles (GAAP).

On September 10, 2014 the J Sterling Morton High School, Board of Education recognized CFO, Ali Mehanti and his team for achieving another successful year of financial reporting. The COE award shows the district has been working diligently and this accomplishment is second to none,” said board president Jeffry Pesek, “It is very important to note to our stakeholders that we are being recognized for being fiscally responsible.”

Sponsored by VALIC, the Certificate of Excellence (COE) award confirms the school business office’s commitment to financial accountability and transparency. Recognition through the COE program can help strengthen a district’s presentation for bond issuance statements and promotes a high level of financial reporting.

Founded in 1910, the Association of School Business Officials International (ASBO) is an educational association that supports school business professionals who are passionate about quality education. ASBO is committed to providing programs and services that promote the highest standards of school business management, professional growth, and the effective use of educational resources. Through its programs, services, advocacy, and global network, ASBO International is the voice of school business officials.

For more information on the COE award, visit ASBO’s website: www.asbointl.org/COE

Sterling Morton High School District 201 provides quality educational experiences that challenge and enable more than 8,000 students from the communities of Berwyn, Cicero, Forest View, Lyons, McCook, and Stickney as lifelong learners to be productive and responsible members of the global community. The district’s Board of Education is comprised of Board President Jeff Pesek, Secretary Jessica Jaramillo-Flores, and members Mark Kraft, Margaret Kelly, Michael Iniquez, and Kasumba “Kal” Lwanga. Visit District 201 online at www.Morton201.org.