Union Academy
Sharing A Dream … Building A Future
Press Release
August, 2010
Union Academy won the Association of School Business Official’s
International’s (ASBO) Certificate of Excellence in Financial Reporting
Program (COE) for excellence in the preparation and issuance of the fiscal
year end 2009 school year. This public charter school has provided a high-
quality Comprehensive Annual Financial Report (CAFR) for the fiscal
year end 2009. This is the first time the school has applied for the award.
The certificate if Excellence in Financial Reporting Program was designed
by ASBO International to enable school business officials to achieve a
high standard of financial reporting. The award, the highest recognition for
school’s financial operations offered by ASBO, is only conferred to Local
Educational Agencies (LEA) that have met or exceeded the standards of
the program.
By preparing and presenting a CAFR, Union Academy validated the
credibility of their school’s operations, measured the integrity and
technical competence of the business staff, assisted in strengthening their
presentations for bond issuance statements, and provided professional
recognition.
For more details or comments please contact our CFO Lynn Kroeger at
704 283 8883 or email at lkroeger@unionacademy.org
