Hopkins Public Schools received the 2018 Minnesota Department of Education (MDE) School Finance Award. Hopkins received this prestigious financial reporting honor for its 2017-18 fiscal year financial results.
The School Finance Award is awarded annually by the MDE, Division of School Finance, to recognize schools for meeting statutory deadlines for submission of audited fiscal financial data and reporting criteria.
This is the 10th year the MDE has recognized school organizations that exhibit sound fiscal health and financial management of policies and procedures. To earn this honor, Hopkins:
- complied with all state requirements for meeting financial reporting deadlines;
- had positive fund balances in the general fund, food service fund, and community education fund;
- and had no errors in its financial reporting.
Out of the 575 eligible reporting entities, 484 met the qualifying criteria for the FY2018 School Finance Award. There was no application process.