MTLSD Awarded Certificate of Excellence in Financial Reporting

The Association of School Business Officials International (ASBO) awarded Mt. Lebanon School District 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 itsComprehensive Annual Financial Report (CAFR) for the fiscal year ended 2019. This is the 35th year the District has been selected for this award. Congratulations to Business Director Robert Geletko and his staff on being selected for this recognition. 

By participating in the COE program, school districts demonstrate their commitment to financial transparency. Applicants submit their CAFR for review by a team of financial professionals, who provide feedback to improve future documents. If the CAFR meets the requirements of the program,the document may receive the Certificate of Excellence. A district’s participation in the COE program can facilitate bond rating and continuing bond disclosure processes.