Aug. 28, 2024 -- For the 23rd straight year, the Association of School Business Officials (ASBO) International has awarded the Cleveland Heights-University Heights City School District its Certificate of Excellence in Financial Reporting for having met the program’s high standards for financial reporting and accountability.

The District was recognized for its Annual Comprehensive Financial Report for the fiscal year ended 2023.

“For over half a century, ASBO International’s Certificate of Excellence in Financial Reporting has been the gold standard in promoting and recognizing excellence in financial reporting,” according to ASBO International Executive Director Jim Rowan. “Communicating the financial and economic state of a district is so important when engaging with the school community and building their trust. Districts that receive the COE Award have demonstrated their ability to do that at the highest level.”

Sponsored by American Fidelity, the Certificate of Excellence (COE) award confirms the school business office’s commitment to financial accountability and transparency.

Founded in 1910, ASBO is a nonprofit organization that, through its members and affiliates, represents approximately 30,000 school business professionals worldwide.