Spring Lake Park again earns top award for financial reporting
The Spring Lake Park School District has once again received the Certificate of Excellence in Financial Reporting from ASBO, the Association of School Business Officials - International.
The award follows a review of financial accounting practices as well as financial reporting procedures used by school districts in their Comprehensive Annual Financial Reports. According to ASBO, the Spring Lake Park School District is "deserving of enhanced credibility in the community for the financial management of their school system."
ASBO's Certificate of Excellence in Financial Reporting (COE) Program is considered the gold standard for demonstrate superior accounting practices and reporting procedures to the communities that school districts serve.
Spring Lake Park has now received the award, typically earned by less than 20 of Minnesota's over 300 school districts, for the past six years, most recently for its Comprehensive Annual Financial Report for Fiscal Year Ended June 30, 2011.