Finance & Operations

CHPS Receives ASBO International’s Certificate of Excellence in Financial Reporting Award for FY2024 Annual Comprehensive Financial Report

Columbia Heights Public Schools (CHPS) received the Association of School Business Officials International’s (ASBO) Certificate of Excellence in Financial Reporting Award (COE) for their Fiscal Year 2024* Annual Comprehensive Financial Report. This is the eighteenth year in a row that the CHPS Finance Team has received this award. ASBO International’s COE recognizes districts that have met the program’s high standards for financial reporting and transparency.  

“For over half a century, ASBO International’s Certificate of Excellence in Financial Reporting has been the gold standard for promoting and recognizing excellence in financial transparency,” said Jim Rowan, CAE, SFO, Executive Director of ASBO International. “Clear and accurate financial reporting is crucial for engaging school communities and building their trust. Districts that earn the COE have demonstrated an extraordinary commitment to these principles.”  

Participation in the COE program highlights a school district’s dedication to financial accountability. Submitted ACFRs are rigorously reviewed by a panel of experienced financial professionals, who provide constructive feedback to further enhance the quality of future reports. Districts that meet the program’s stringent requirements are awarded the Certificate of Excellence, a distinction that also supports bond rating and continuing bond disclosure processes.   

“The Finance Team continues to demonstrate a strong commitment to excellence and transparency in the district’s financial reporting, reflecting the high standards of our district,” said Director of Finance and Operations, Bryan Hennekens. “I am very proud of their ongoing dedication and effort in earning this award once again. 

*Fiscal Year 2024 is School Year: July 1, 2023-June 2024.