Round Lake Area Schools CUSD #116 has won the ASBO International’s Certificate of Excellence Award!
RLAS-116 has received the Association of School Business Officials International’s Certificate of Excellence Award. This is the first time that this award has been received by the district!
A note from ASBO’s website: www.asbointl.org/COE
Benefits of applying are two-fold: receive expert feedback to improve the quality of your Comprehensive Annual Financial Report (CAFR) and receive the prestigious Certificate of Excellence certificate, which can improve the bond rating for your school district.
Earning the nationally recognized COE
- Shows your community that your district is credible and committed to fiscal integrity
- Helps your district achieve a better bond rating from credit evaluations by clearly disclosing all required information.
- Demonstrates your district’s transparency as you share financial information above and beyond what GAAP requires.
- Improves your CAFR with comments from finance professionals who provide actionable feedback.
“Achieving this award is no easy feat”, stated Superintendent Collins. She added, “It took many months of detailed research, collaboration and reporting to make this happen. I would like to commend the RLAS-116 Business Office for working hard to highlight the amazing work that has been done over the years to place this school district in a financially stable position.”
Assistant Superintendent of Business & Operations, Bill Johnston commented, “There are not many school districts that go through the time and effort to submit their financial statements for this achievement, so this is something to be very proud of.”
Additional information regarding the Certificate of Excellence Award may be viewed at: www.asbointl.org/COE.
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