The Dubuque Community School District was recently awarded a Certificate of Excellence in Financial Reporting from the Association of School Business Officials International (ASBO) for having met or exceeded the program’s high standards for financial reporting and accountability. The award is for the district’s Comprehensive Annual Financial Report (CAFR) for the fiscal year ending in 2020.
This is the 12th consecutive year the district has received this honor. Each year, the Dubuque Community School District manages an overall budget of approximately $160 million. The Certificate of Excellence award confirms the district business office’s commitment to financial accountability and transparency. By participating in the Certificate of Excellence Program, school districts submit their CAFR for review by a team of financial professionals who provide feedback to improve future documents. According to ASBO, recognition in the Certificate of Excellence program can facilitate bond rating and continuing bond disclosure processes.