District Awarded ASBO International’s Certificate of Excellence in Financial Reporting Award for FY2022
The Association of School Business Officials International (ASBO) recently awarded Shakopee Public Schools the Certificate of Excellence in Financial Reporting (COE) for the fiscal year ended 2022 (June 30, 2022 - FY2022), a designation that the district was also proud to receive for FY2021 and FY 2020. ASBO International’s COE is a significant achievement and reflects a commitment to transparency and high-quality financial reporting.
Applicants submit their Annual Comprehensive Financial Report (ACFR) for review by a team of financial professionals who provide feedback to improve future documents. If the report meets the requirements of the program, it may receive the COE. A district’s participation in the COE program can facilitate bond rating and continuing bond disclosure processes.