Rockwood Earns Financial Reporting Certificate of Excellence for 19th Straight Year

The Rockwood School District has earned the Certificate of Excellence (COE) in Financial Reporting distinction for the 2022-2023 fiscal year from the Association of School Business Officials (ASBO) International. 

This is the 19th straight year that Rockwood has received this distinction, which reflects the district’s commitment to transparency and high-quality financial reporting in its Annual Comprehensive Financial Report.

“This award represents a significant achievement and reflects your commitment to transparency and high-quality financial reporting,” said ASBO International Executive Director Jim Rowan. “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. 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.”

The ASBO International award recognizes districts that have met the program's highest standards for financial reporting and transparency.

In the fall, the organization also recognized Rockwood with its Meritorious Budget Award for the 24th straight year. Rockwood is one of only four districts in the state to have a AAA rating from Standard and Poor’s and is the only school district in the state to currently hold a AAA rating as well as ASBO's MBA and COE and the COE from the Government Finance Officers Association.

“We are all very proud of the continued outstanding efforts of our Finance Department, led by director Dan Steinbruegge,” said Rockwood Chief Financial Officer Cyndee Byous. “The entire Rockwood community is fortunate to benefit from the fantastic financial stewardship that our Finance team provides.”