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District’s financial reporting lauded for transparency, quality

Bo Lilly (left) and Carol Chapman collaborate on a financial matter.

ASHBURN, Va. — The Association of School Business Officials (ASBO) International has recognized the Chatham County Board of Education with ASBO’s Certificate of Excellence (COE) in Financial Reporting for the fiscal year ended 2018. This award reflects the school system’s commitment to transparency and high-quality financial reporting.

“The COE’s mission is to promote and recognize excellence in financial reporting, specifically through a district’s [Comprehensive Annual Financial Report or] CAFR,” ASBO International Director of Recognition Programs Molly Barrie said. “The CAFR informs parents and other 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.”

Published August 18, 2019