Crystal Lake-based District 155 receives award for financial reporting

Crystal Lake-based Community High School District 155 is photographed on Friday, Aug. 7, 2020.

Crystal Lake-based Community High School District 155 received recognition for its financial reporting for the seventh consecutive year.

The Association of School Business Officials International awarded a Certificate of Excellence in Financial Reporting for the district’s 2021 comprehensive audited financial report, according to a news release.

“We are committed to fiscal responsibility and maintaining the highest designations for financial management,” Superintendent Steve Olson said in the release. “We will continue to focus on providing resources to best educate our students while being mindful of our taxpayers.”

As part of the review process for the recognition, a team of financial professionals reviewed the district’s report and provided feedback. If the report meets certain requirements, it can receive the Certificate of Excellence.