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SVVSD earns award for Outstanding Financial Reporting

The award recognizes school districts that meet high standards in financial reporting and transparency.
2020_06_25_LL_SVVSD Education Services
The St. Vrain Valley School District Educational Services Center. (Photo by Macie May)

For 20 consecutive years, the St. Vrain Valley School District has earned the Outstanding Financial Reporting Award from the Association of School Business Officials International.

The award recognizes school districts that meet high standards in financial reporting and transparency.

“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,” said ASBO International Executive Director Jim Rowan. “Communicating the financial and economic state of a district is crucial for 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.”

School districts must apply for the award by submitting their financial documents to financial professionals. The professionals provide feedback for future reports and determine which districts receive the Certificate of Excellence. This award also impacts the bond rating a school district receives.

"Achieving the Certificate of Excellence in Financial Reporting for the 20th consecutive year speaks volumes about our district's commitment to transparency and sound financial practices,” said St. Vrain’s Executive Director of Budget and Finance Tony Whiteley. “It highlights the hard work and dedication of our financial team, as well as the collaborative spirit among staff across all schools and departments throughout the district."