DMPS Receives ASBO Certificate of Excellence Award for 7th Year

Des Moines Public Schools received the Association of School Business Officials International’s (ASBO) Certificate of Excellence in Financial Reporting award for the seventh consecutive year, having met or exceeded the program’s high standards for financial reporting and accountability.

The district was recognized for its Comprehensive Annual Financial Report for the fiscal year ending 2013.

According to John D. Musso, executive director of ASBO, “This award represents a significant achievement and reflects your commitment to the highest standards of school system financial reporting.”

Sponsored by VALIC, the Certificate of Excellence (COE) award confirms the school business office’s commitment to financial accountability and transparency.  Recognition through the COE program can help strengthen a district’s presentation for bond issuance statements and promotes a high level of financial reporting.

VALIC, a long-time supporter of school business, is committed to the K-12 marketplace. VALIC was the first company to enroll a K-12 public school district in a 403(b) plan. For more than half a century, VALIC has served as a leading retirement plan provider for K-12 schools and school districts, as well as for higher education, healthcare, government, and other not-for-profit institutions. As of August 30, 2013, VALIC has more than $79 billion in total assets under management and manages plans for nearly 25,000 groups serving nearly 2 million plan participants. VALIC represents The Variable Annuity Life Insurance Company and its subsidiaries, VALIC Financial Advisors, Inc. and VALIC Retirement Services Company. For more information on VALIC, please visit www.VALIC.com.

Founded in 1910, the Association of School Business Officials International (ASBO) is an educational association that supports school business professionals who are passionate about quality education. ASBO is committed to providing programs and services that promote the highest standards of school business management, professional growth, and the effective use of educational resources. Through its programs, services, advocacy, and global network, ASBO International is the voice of school business officials. For more information on the COE award, visit ASBO’s website:  www.asbointl.org/COE.