FOR IMMEDIATE RELEASE
Contact: Susan Lambert
SCHOOL DISTRICTS RECOGNIZED FOR HIGH-QUALITY FINANCIAL REPORTING
Reston, VA – December 11, 2015 – The Association of School Business Officials International (ASBO) is proud to congratulate the 549 recipients of the Certificate of Excellence in Financial Reporting (COE), based on their submissions for the fiscal year ended 2014.
The COE, sponsored by VALIC, supports and recognizes school districts for high-quality financial reporting to the community through exceptional Comprehensive Annual Financial Reports (CAFRs). ASBO International has awarded the COE for 44 years, and is proud to recognize districts that meet the award program’s high standards. Several outstanding districts have participated in the program for more than 25 years.
As recipients of the COE, these school districts have verified that credibility, confidence, and transparency are essential to demonstrate sound fiscal management and professional growth. For each year of participation, the districts receive an award plaque and certificate as well as recognition in national and local media. They also benefit from enhanced credibility with their school boards and communities.
Congratulations to this year’s Certificate of Excellence recipients. To find out more about the COE program, visit asbointl.org/COE.
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About ASBO International
Founded in 1910, the Association of School Business Officials International (ASBO) is an educational association that supports school business professionals. ASBO International is committed to providing programs, services, and a global network that promote the highest standards of school business management, professional growth, and the effective use of educational resources. For more information about the association, visit asbointl.org.
VALIC, a long-time supporter of school business, is committed to the K–12 marketplace. VALIC was the first company to enroll a K–12 public school district in a 403(b) plan. For more than half a century, VALIC has served as a leading retirement plan provider for K–12 schools and school districts, as well as for higher education, healthcare, government, and other not-for-profit institutions. As of June 30, 2015, VALIC has more than $86 billion in total assets under management and manages plans for nearly 24,000 groups serving nearly 1.8 million plan participants. VALIC represents The Variable Annuity Life Insurance Company and its subsidiaries, VALIC Financial Advisors, Inc. and VALIC Retirement Services Company. For more information on VALIC, please visit www.VALIC.com.