Outstanding Financial Reporting Award
June 27, 2022
The Association of School Business Officials International (ASBO) is pleased to award the St. Charles Parish School Board 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 transparency. The school district earned the Certificate of Excellence for its Annual Comprehensive Financial Report (ACFR) for the fiscal year ended 2021.
“The COE’s mission is to promote and recognize excellence in financial reporting,” ASBO International Executive Director David Lewis says. “The Annual Comprehensive Financial Report informs 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.”
“We are thankful to once again be recognized by ASBO with this award,” said Ronald White, St. Charles Parish Public Schools’ Chief Financial Officer. “This represents the hard work of our business office staff during challenging times. The Board places a priority on open and honest communication, and this award is an example of a tremendous accomplishment in transparency and high-quality financial reporting.”
By participating in the COE program, school districts demonstrate their commitment to financial transparency. Applicants submit their 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 Certificate of Excellence. A district’s participation in the COE program can facilitate bond rating and continuing bond disclosure processes.