Waukee Community School District Awarded for Outstanding Financial Reporting
The Association of School Business Officials International (ASBO) awarded Waukee Community School District (WCSD) 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. WCSD earned the Certificate of Excellence for its Comprehensive Annual Financial Report (CAFR) for the fiscal year ended in 2018.
“This award represents significant achievements and reflects our commitment to transparency and high-quality financial reporting,” said Angie Morrison, Chief Financial Officer, Waukee Community School District.
By participating in the COE program, school districts demonstrate their commitment to financial transparency. Applicants submit their CAFR for review by a trained team of peers, 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’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.”