West Chester Area School District Wins Financial Reporting Award

West Chester PA

10 May, 2022

1:50 PM

Description

WEST CHESTER —The Association of School Business Officials International hasawarded West Chester Area School District a certificate of excellence in financial reporting. The association, based in Ashburn, Vir., recognizes districts that have met the program's high standards for financial reporting and transparency. The school district earned the honor for its annual comprehensive financial report for the fiscal year ended 2021. "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 with the school community." David Lewis, international executive director of the association, said that a district's participation in the program can facilitate bond rating and continuing bond disclosure processes. John Scully, director of business affairs, said the award is a testament to the district's business office staff for the fine work they do to uphold the stringent financial integrity and transparency of the school district.