Association of School Business Officials International Report
Ashburn, VA – June 11, 2024 – The Association of School Business Officials International (ASBO) is pleased to award Indian Prairie Community Unit School District 204 the Certificate of Excellence in Financial Reporting (COE). ASBO International’s COE recognizes districts that have met the program’s high standards for financial reporting and transparency. The school district earned the Certificate of Excellence for its Annual Comprehensive Financial Report (ACFR) for the fiscal year ended 2023.
“For over half a century, ASBO International’s Certificate of Excellence in Financial Reporting has been the gold standard in promoting and recognizing excellence in financial reporting,” according to ASBO International Executive Director Jim Rowan, CAE, SFO. “Communicating the financial and economic state of a district is so important when engaging with the school community and building their trust. Districts that receive the COE Award have demonstrated their ability to do that at the highest level.”
By participating in the COE program, school districts demonstrate their commitment to financial transparency. Applicants submit their ACFR for review by a team of financial professionals who provide feedback to improve future documents. If the report meets the requirements of the program, it may receive the Certificate of Excellence. A district’s participation in the COE program can facilitate bond rating and continuing bond disclosure processes.
Indian Prairie’s superintendent, Dr. Adrian Talley, expressed his appreciation for the award stating “We are honored to receive the Certificate of Excellence in Financial Reporting from the Association of School Business Officials International for the seventeenth consecutive year. This award highlights our district’s commitment to financial transparency and fiscal responsibility. It is valuable when external professionals review and affirm our practices as sound, responsible, and transparent. This recognition also demonstrates our ability to effectively communicate our financial situation to the community.”
The COE is proudly sponsored by ASBO International Strategic Partner American Fidelity.
ASBO International since 1910
Founded in 1910, the Association of School Business Officials International (ASBO) is a nonprofit organization that, through its members and affiliates, represents approximately 30,000 school business professionals worldwide. ASBO International is committed to providing programs, services, and a global network that promotes the highest standards in school business. Its members support student achievement through effective resource management in various areas ranging from finance and operations to food services and transportation. Learn more at asbointl.org.
Indian Prairie School District 204 since 1972
School District 204 was established as a K-8 district in 1972 by the mergers of Wheatland Elementary District 40, Elementary District 90 and Indian Plains Elementary District 182. The school district became K-12 when Waubonsie Valley High School opened in 1975.
The mission of Indian Prairie School District 204 is to inspire all students to achieve their greatest potential. Indian Prairie is the fourth largest school district in Illinois, encompassing 46 square miles, including portions of Naperville, Aurora, Bolingbrook, and Plainfield. The Indian Prairie School District 204 Howard Crouse Education Center is located at 780 Shoreline Drive in Aurora.
Submitted by Lisa Barry, Executive Director of Communication Services, Indian Prairie School District 204. (PN File Photos)
