Congratulations to Princeton City School District on receiving the Association of School Business (ASBO) International’s Certificate of Excellence in Financial Reporting (COE) for the FY2023 Annual Comprehensive Financial Report.
The continued participation in the Certificate of Excellence program is a testament to Princeton's commitment to transparency and high-quality financial reporting.
School District Awarded for Outstanding Financial Reporting
Ashburn, VA – 7/22/2024 – The Association of School Business Officials International (ASBO) is pleased to award Princeton City School District the Certificate of Excellence in Financial Reporting (COE). ASBO International’s COE recognizes districts that have met the program’s high standards for financial reporting and transparency. The school district earned the Certificate of Excellence for its Annual Comprehensive Financial Report (ACFR) for the fiscal year ended 2023.
“For over half a century, ASBO International’s Certificate of Excellence in Financial Reporting has been the gold standard in promoting and recognizing excellence in financial reporting,” according to ASBO International Executive Director Jim Rowan, CAE, SFO. “Communicating the financial and economic state of a district is so important when engaging with the school community and building their trust. Districts that receive the COE Award have demonstrated their ability to do that at the highest level.”
By participating in the COE program, school districts demonstrate their commitment to financial transparency. Applicants submit their ACFR for review by a team of financial professionals who provide feedback to improve future documents. If the report meets the program's requirements, it may receive the Certificate of Excellence. A district’s participation in the COE program can facilitate bond rating and continuing bond disclosure processes.
The COE is proudly sponsored by ASBO International Strategic Partner American Fidelity.
About ASBO International
Founded in 1910, the Association of School Business Officials International (ASBO) is a nonprofit organization that, through its members and affiliates, represents approximately 30,000 school business professionals worldwide. ASBO International is committed to providing programs, services, and a global network that promotes the highest standards in school business. Its members support student achievement through effective resource management in various areas ranging from finance and operations to food services and transportation.
Learn more at asbointl.org.