Kyrene Elementary School District No. 28 has been awarded the Certificate of for Excellence in Financial Reporting from ASBO International for the 28th straight year. The Certificate of Achievement is the highest form of recognition in governmental accounting and financial reporting. Receiving this award for nearly three decades in a row represents a significant accomplishment by the Kyrene Finance team, the District, and its leaders.
“Kyrene’s Finance team has once again been recognized for their dedication and excellence with this award,” said Kyrene Superintendent Laura Toenjes. “This recognition reflects the high standards we uphold in managing our district’s resources. I am incredibly proud of their consistent hard work and commitment to financial transparency and accountability.”
Kyrene received the Certificate of Excellence in recognition of its comprehensive annual financial report (ACFR) for the fiscal year ending on June 30, 2023. An impartial panel judged the Kyrene report and found that the district met the high standards of the COE program.
“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,” said 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.”
The Kyrene Finance team is led by Associate Superintendent and Chief Financial Officer Chris Herrmann and Finance Director Brian Lockery. Kyrene’s Finance department is responsible for Accounting, Purchasing, Payroll, Financial Reporting, Budget Control, Food Services, National School Breakfast and Lunch Program, Medicaid, Property Control and Auditing functions for the Kyrene School District.