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Fairview Park Schools earns excellence in financial reporting award

The Association of School Business Officials International (ASBO) has awarded the Fairview Park City School District the Certificate of Excellence in Financial Reporting (COE) for the fiscal year ended 2023. This accolade highlights the district's commitment to transparency and high-quality financial reporting.

"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,” stated Executive Director of ASBO International Jim Rowan in a press release.

“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."

The Certificate of Excellence recognizes school districts that have met the program’s stringent standards for financial reporting and transparency. The district earned the award for its Annual Comprehensive Financial Report (ACFR) for the fiscal year ended 2023. The COE Review Team also provided feedback to help improve future reports, underscoring the district's ongoing commitment to excellence.
“This award could not be possible without the hard work and dedication of the Treasurer’s Office team,” Showalter expressed. “I would like to acknowledge their excellence in ensuring that the district’s finances are being reported accurately and transparently.”

Participation in the COE program showcases a district's dedication to financial transparency, facilitating processes like bond rating and continuing bond disclosure. ASBO International, along with its strategic partner American Fidelity, proudly sponsors the COE program to encourage high standards in school business practices.

ASBO International, founded in 1910, represents approximately 30,000 school business professionals worldwide. Through its programs, services, and global network, ASBO promotes the highest standards in school business, supporting student achievement through effective resource management.

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