The Value of Membership

"I could not have survived 30 years in school business without the support I've received from ASBO. No matter how much you may think your problem is unique, it's not. I've always found support from colleagues facing the same issues no matter where they work, and I've shared solutions. We have a lot to learn from one another, so I value my memberships in Tri-State ASBO, New Hampshire ASBO, Vermont ASBO, and ASBO International."
—John Aubin, South Burlington School District, South Burlington, Vermont
Member since 1992

>See More


Any school district in the United States (including charter schools*, educational service units, colleges, and universities) that conforms to GAAP and incorporates the COE criteria into its CAFR is eligible to apply for the Certificate of Excellence in Financial Reporting (COE).

*Charter schools are encouraged to apply if they report under GASB standards and incorporate into the document all applicable requirements of a CAFR.

Your COE application packet must include:

Completed COE application.
Cover letter specifying any COE criteria that do not apply to your school district.
COE Checklist.
  Mandatory if the school district is applying for the first time, received a conditional or denied award from the most recent submission, or did not submit the previous year.
  Optional if the school district does not fit the criteria above, but still highly recommended.
Reviewer comments from the previous year and your school district’s responses.
Comprehensive Annual Financial Report (CAFR) document or a link to your CAFR.

Submitting your COE application packet:

EMAIL (preferred)
  • Attach each of the required application documents as separate PDFs or links.
  • Include payment information.
  • Email to
  • Submit a flash drive containing separate PDFs of each required document
    Three hard copies of the complete application packet.
  • Include payment information.
  • Mail to:
    ASBO International
    Certificate of Excellence in Financial Reporting
    44790 Maynard Square, Suite 200
    Ashburn, VA 20147


Application fees are based on your district’s total revenue.

Total District Revenue, All Funds ASBO Member Non-Member
Under $10 million $660 $975
$10 - $25 million $885 $1,200
$25 - $50 million $985 $1,300
$50 - $100 million $1,085 $1,400
$100 - $250 million $1,185 $1,500
$250 million - $1 billion $1,285 $1,600
Over $1 billion $1,385 $1,700

If your CAFR does not meet the COE requirements in the current year, ASBO will waive your application fee for the following year.

Deadlines & Extensions

All COE application materials are due within six months of your district’s fiscal year end.

Fiscal Year End Application Deadline
June 30 December 31
August 31 February 28

Need an extension? Submit a request to


As a COE recipient, your district receives

  • Detailed review of your CAFR with suggestions for improvement
  • An award certificate
  • A prestigious plaque
  • A press release to share with local media