The Beaverton School District has earned two national awards for financial reporting, extending a streak that now stretches 45 years.
The district announced Wednesday, Sept. 2, that it received the Government Finance Officers Association (GFOA) Certificate of Achievement for Excellence in Financial Reporting for the 45th consecutive year.
BSD also earned the Association of School Business Officials International (ASBO) Certificate of Excellence in Financial Reporting for the 44th straight year.
Both awards recognize the district's most recent Annual Comprehensive Financial Report, or ACFR.
Chief Financial Officer Jessica Jones credited the Business Services finance team for producing reports that give the public clear and reliable financial information.
The awards are separate from two other national honors BSD received on Aug. 26 for its 2026-27 budget document. Those recognized budget presentation and development.
The ACFR awards, by contrast, evaluate how well a district reports its actual financial results to the public.
The GFOA, which has run its Certificate of Achievement program since 1945, states the award does not assess a government's financial health.
Instead, it measures whether a financial report gives readers the information they need to judge that health for themselves.
That distinction matters in Beaverton. The district is drawing down reserves by about $20 million this year to cover a structural deficit, according to BSD's own budget page.
Without action, that gap is projected to grow past $70 million by 2029. Drivers include continuing enrollment declines of roughly 600 students per year, a $5.08 million local option levy shortfall for 2026-27 and mandatory expenses that are growing faster than revenue.
The awards confirm BSD is telling the public about its finances clearly.
The district serves nearly 37,500 students across 34 elementary schools, nine middle schools and six high schools, and the fiscal picture those families face is a separate question from how well it is documented.
BSD's budget page projects the deficit will exceed $70 million by 2029 without corrective action.
