Bloomfield Hills Schools Among The Best In Financial Reporting
Bloomfield Hills Schools is proud to be a recipient of the Certificate of Excellence in Financial Reporting from the Association of School Business Officials International for the 23rd year in a row. This recognition was given to 17 school districts in the state of Michigan.
ASBO bestowed the Certificate of Excellence in Financial Reporting upon Bloomfield Hills Schools for its Fiscal Year 2022 Annual Comprehensive Financial Report. The ACFR discloses the district's finances in full detail to anyone who wants to review them, from stakeholders to constituents.
“The district is honored to have once again received this prestigious award. The award is reflective of the Administration and Board of Education seeking to make detail and transparency in financial reporting a top priority,” said Karen Hildebrandt Assistant Superintendent for Finance and Operations.
ASBO awards the Certificate of Excellence in Financial Reporting to school districts to encourage and assist them to go beyond the minimum requirements of generally accepted accounting principles to prepare comprehensive annual financial reports that evidence the spirit of transparency and full disclosure and then to recognize individual districts that succeed in achieving that goal.