Page 10 - The EDGE Fall 2025

EXECUTIVE DIRECTOR'S REPORT

BY JIM MIGLIORINO
Transitioning Through the Fiscal Years

Jim Migliorino
As the fall season settles in and the pace of the completed and the integrity you bring to Arizona’s
school year finds its rhythm, many of us in school schools.
business offices are finally catching our breath
after what is often one of the busiest times of the At AASBO, we recognize the dedication and
year. The close of the fiscal year, preparation and expertise that go into closing out the fiscal year
submission of the Annual Financial Report (AFR), and preparing for what’s next. As we head into the
and the start of audit season create a perfect storm winter months, we remain committed to supporting
of deadlines, details, and dedication. you with training, resources, and a professional
community that understands the unique challenges
Completing the AFR is no small feat. It’s the of school business management.
culmination of a year’s worth of careful financial
management, collaboration, and compliance. For Thank you for your continued service, your
many, it’s also an opportunity to reflect on the professionalism, and your impact. Together,
impact of your work; not just about each budget we keep Arizona schools strong—fiscally,
decision and accounting entry, it is a report of operationally, and educationally.
all the efforts that support classrooms, programs,
and student success across Arizona. Your
commitment ensures not only accurate reporting
but also transparency and accountability to your
communities and stakeholders.

"Your commitment ensures not

only accurate reporting but also
transparency and accountability to

your communities and stakeholders."

This is also the time when school business
officials have the challenge of “working out of
three different fiscal years” - finalizing the audits
from the prior year, operating in the current fiscal
year, and starting the planning for the upcoming
year. And then, before we know it the holidays
will be upon us—a time to recharge and celebrate
accomplishments, both professional and personal.
I encourage you to take pride in the work you’ve

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10 THE EDGE FALL 2025