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6.15 APS Wins Prestigious Award for Outstanding Financial Reporting Again
ATLANTA PUBLIC SCHOOLS
Office of Communications and Public Engagement
130 Trinity Avenue SW | Atlanta, Georgia 30303
Ian Smith, Executive Director
404-802-2855, office
404-603-6934, cell
ian.smith@atlanta.k12.ga.us
Seth Coleman, Media Relations Manager
404-802-2891, office
404-406-5570, cell
seth.coleman@atlanta.k12.ga.us
FOR IMMEDIATE RELEASE
June 15, 2020
Atlanta Public Schools Wins Prestigious Award
for Outstanding Financial Reporting Again
ATLANTA – Atlanta Public Schools (APS) has been lauded for the District’s financial reporting process by a leading organization in the financial reporting industry.
APS recently was awarded the Certificate of Excellence in Financial Reporting (COE) by the Association of School Business Officials International (ASBO). The COE recognizes districts that have met the program’s high standards for financial reporting and transparency. The school district earned the Certificate of Excellence for its Comprehensive Annual Financial Report (CAFR) for the fiscal year ended 2019.
It marks the 11th consecutive year APS has received this award.
The COE’s mission is to promote and recognize excellence in financial reporting, specifically through a school district’s CAFR, which informs stakeholders about the financial and economic state of the district, making it an important communications tool for building trust and engaging with the school community.
By participating in the COE program, school districts demonstrate their commitment to financial transparency. Applicants submit their CAFR for review by a team of financial professionals, who provide feedback to improve future documents. If the CAFR meets the requirements of the program, the document may receive the Certificate of Excellence. A district’s participation in the COE program can facilitate bond rating and continuing bond disclosure processes.
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About Atlanta Public Schools
Atlanta Public Schools is one of the largest school districts in the state of Georgia, serving approximately 52,000 students across 87 schools. The District is organized into nine K-12 clusters with 58 traditional schools, 18 charter schools, six partner schools, two citywide single-gender academies and three alternative programs. To learn more about Atlanta Public Schools, follow us on social media – Twitter (@apsupdate), Facebook (Atlanta Public Schools), and Instagram (apsupdate) – or visit us online at www.atlantapublicschools.us.