The Dubuque Community School District was awarded a Certificate of Excellence in Financial Reporting (COE) from the Association of School Business Officials International (ASBO) for having met the program’s high standards for financial reporting and transparency. The award is for the district’s Annual Comprehensive Financial Report (ACFR) for the fiscal year ending in 2023.
This is the 15th consecutive year the district has received this honor.
“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,” said 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.”
“We are committed to responsibly using and reporting on the financial resources that we are entrusted with,” said Kevin Kelleher, chief financial officer for the Dubuque Community Schools. “Our annual financial report is one tool in doing so and we hope our Certificate of Excellence helps assure taxpayers of our commitment to the highest standards of financial management.”
By participating in the Certificate of Excellence Program, school districts submit their ACFR for review by a team of financial professionals who provide feedback to improve future documents. According to ASBO, recognition in the Certificate of Excellence program can facilitate bond rating and continuing bond disclosure processes.