Governing board

Members of TUHSD, Tempe Elementary and Kyrene school districts gathered Tuesday night to discuss a program that could lean toward more individualized learning.

Travis Roemhild/AFN

Kyrene Elementary School District No. 28 received the Association of School Business Officials International’s (ASBO) Certificate of Excellence in Financial Reporting award for having met or exceeded the program’s high standards for financial reporting and accountability. This is the second year in a row that Kyrene School District has received this award.

The district was recognized for its comprehensive annual financial report for the fiscal year ending 2011.

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 longtime 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.

More than a half century later, VALIC remains the No. 1 provider of K-12 403(b) retirement plans in America.

The Association of School Business Officials International (ASBO), founded in 1910, is a professional association of more than 5,000 members that provides programs and services to promote the highest standards of school business management practices, professional growth, and the effective use of educational resources.

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