The Martin County School District has been honored by the Association of School Business Officials International (ASBO) with the prestigious Certificate of Excellence in Financial Reporting (COE) for the 17th consecutive year.
This esteemed recognition is granted to districts that have demonstrated exceptional standards of financial reporting and transparency. Martin County School District has achieved this remarkable distinction by producing an Annual Comprehensive Financial Report (ACFR) for the fiscal year ending in 2023, resulting in the well-deserved acquisition of the Certificate of Excellence.
“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, CAE, SFO. “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.”
"This prestigious recognition underscores our unwavering commitment to upholding the highest standards of financial transparency and accountability," said Superintendent of Schools Michael Maine. "It reflects the dedication and meticulous efforts of our staff, administrators, and board members in ensuring the accuracy and integrity of our Annual Comprehensive Financial Report. As we move forward, we remain steadfast in our pursuit of financial excellence, ensuring that our community has a clear understanding of how taxpayer dollars are being utilized to make an immediate and meaningful impact in our classrooms."
Through their active participation in the COE program, school districts showcase their commitment to ensuring financial transparency. As part of the program, district applicants submit their ACFR for assessment by a team of experienced financial professionals. This process allows for valuable feedback and suggestions, enabling districts to enhance their future financial documents.