Moraine Valley Community College has been recognized by two international organizations for its excellence in financial reporting for the 20th consecutive year. The Association of School Business Officials International awarded Moraine Valley with the Certificate of Excellence in Financial Reporting for excellence in the preparation and issuance of the fiscal year 2015 Comprehensive Annual Financial Report and the Government Finance Officers Association of the United States and Canada awarded Moraine Valley with its Certificate of Achievement for Excellence in Financial Reporting.
In its notification to Moraine Valley the school business officials’ organization, stated that the college has earned the award for “having met or exceeded the program’s high standards for financial reporting and accountability.”
The government finance officers organization’s certificate is the highest form of recognition in the area of governmental accounting and financial reporting, and “its attainment represents a significant accomplishment by a government and its management,” stated Stephen Gauthier, director. The report “has been judged by an impartial panel to meet the high standards of the program including demonstrating a constructive ‘spirit of full disclosure’ to clearly communicate its financial story,” the association stated in its announcement.
ASBO International, founded in 1910, is a professional organization of 5,000 members that provides programs and services to promote the highest standards of school business management practices, professional growth, and the effective use of education resources. The Government Finance Officers Association is a nonprofit organization serving approximately 17,500 government finance professionals.
The Moraine Valley Community College Board has seven elected members, including Michael Murphy of Evergreen Park, Sandra Wagner of Palos Park, John Coleman of Burbank, Susan Murphy of Palos Heights, Kimberly Hastings of Orland Hills, Eileen O’Sullivan of Oak Lawn, and the chairman of the board, Joseph Murphy of Blue Island.