District earns Certificate of Excellence in Financial Reporting for 8th year

Piscataway Township School District has been awarded the Certificate of Excellence in Financial Reporting for the eighth year in a row from the Association of School Business Officials International.
The Certificate of Excellence recognizes districts that uphold the highest standards for financial reporting and transparency. Piscataway earned the Certificate of Excellence for its Annual Comprehensive Financial Report for the fiscal year ended 2024.
“We’re very proud that the Piscataway Township Board of Education has been awarded the COE for the eighth consecutive year,” said David Oliveira, Piscataway Business Administrator and Board Secretary. “This recognition represents a team effort that begins with the support of the Board of Education and our superintendent, and the hard work of our Business Office staff. They work to ensure we prepare an annual report that meets ASBO International’s standards for transparency and accounting principles generally accepted in the United States of America.”
“This award represents a significant achievement and reflects Piscataway Township Schools’ commitment to transparency and high-quality financial reporting,” said Jim Rowan, executive director of ASBO International. “For over half a century, ASBO International’s Certificate of Excellence in Financial Reporting has been the gold standard for promoting and recognizing excellence in financial transparency. Clear and accurate financial reporting is crucial for engaging school communities and building their trust. Districts that earn the COE have demonstrated an extraordinary commitment to these principles.”
Participation in the COE program highlights Piscataway’s dedication to financial accountability. Submitted ACFRs are rigorously reviewed by a panel of experienced financial professionals, who provide constructive feedback to further enhance the quality of future reports. Districts that meet the program’s stringent requirements are awarded the Certificate of Excellence, a distinction that also supports bond rating and continuing bond disclosure processes.
The COE is sponsored by ASBO International strategic partner American Fidelity.