November 12, 2024
News Release – for immediate release
For information contact: Kevin Philo/Treasurer
Fairborn Schools Awarded Three Prestigious Financial Awards
The Fairborn City School District has been awarded two prestigious national
awards for Excellence in Financial Reporting for its Comprehensive Annual
Financial Report for Fiscal Year 2023. The Association of School Business Officials
International (ASBO) and the Government Finance Officers Association (GFOA)
have both awarded their highest honors upon the Fairborn City School District. In
addition, the Fairborn Schools have been awarded the “Auditor of State Award for
Excellence in Fiscal Management and Oversight” by the State of Ohio Auditor’s
Office.
ASBO and GFOA have both awarded independently a Certificate of Excellence in
Financial Reporting, which is the highest form of recognition in school financial
reporting, to the Fairborn City School District for Fiscal Year 2023. Additionally,
the Fairborn Schools earned the State of Ohio Auditor’s Award, which has
stringent criteria for the District to meet to be recognized for such.
“The Fairborn City Schools have always been committed to assure taxpayer
accountability and full financial disclosure of the operations of the school district.
These national and state awards are recognition for this financial accountability,”
said Kevin S. Philo, Treasurer/CFO of the Fairborn City Schools. Mr. Philo
continued with, “To compile this report, we have to undergo a vigorous audit
every year by the State Auditor’s Office and receive the best financial opinion possible. I want to thank my
dedicated team for their hard work and commitment each and every day. I am
proud to work in Fairborn with this dedicated group of professionals, and we will
continue to be outstanding stewards of our taxpayers’ dollars.”
Fairborn Board of Education President Jerry Browning added, “Fairborn City
Schools, under the guidance of Kevin Philo, has worked very hard to be
transparent and fiscally responsible with our taxpayer’s money. It’s outstanding to
get State and National recognition of these efforts. We would like to thank our
entire financial team for everything that’s done on an ongoing basis to allow us to
achieve these awards.”