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School District Awarded for Outstanding Financial Reporting

School District Awarded for Outstanding Financial Reporting

 

Ashburn, VA – 2019 – The Association of School Business Officials International (ASBO) is pleased to award Marshall Public Schools - ISD #413 with 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 accountability. The school district earned the Certificate of Excellence for its Comprehensive Annual Financial Report (CAFR) for the fiscal year ended 2018.  This marks the eighth year the district has received this award.

 “The COE’s mission is to promote and recognize excellence in financial reporting, specifically through a district’s CAFR,” ASBO International Director of Recognition Programs Molly Barrie says. “The CAFR informs parents and other stakeholders about the financial and economic state of the district, making it an important communications tool for building trust and engaging with the school community.”

Marshall Public Schools Director of Business Services, Dion Caron, states, “we are honored to receive ASBO’s COE award.  This award is a reflection of the staff’s commitment to provide transparency in financial reporting and making information available to our stakeholders.”

 By participating in the COE program, school districts demonstrate their commitment to financial transparency. Applicants submit their CAFR for review by a team of professional auditors, who provide feedback to improve future documents. If the CAFR meets the requirements of the program, the document 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.

 

District Office Staff