CCSD59 was recently awarded with the FY 2016 Certificate of Excellence in Financial Reporting Award (COE) from the Association of School Business Officials International (ASBO). This marks the 34th time over the past 34 years that CCSD59 has earned the COE.

Congratulations to the CCSD59 business services department for the high level of integrity they maintain and continued dedication to accountability.

For more details, please read the official press release from ASBO below.

The Association of School Business Officials (ASBO) International has awarded Community Consolidated School District 59 its Certificate of Excellence in Financial Reporting for 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 2016.

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 high quality financial reporting.

For more than half a century, VALIC, a division of AIG, 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 December 31, 2015, VALIC has more than $83 billion in total assets
under management and manages plans for nearly 24,000 groups serving more than 2 million
participants. VALIC represents The Variable Annuity Life Insurance Company and its subsidiaries,
VALIC Financial Advisors, Inc. and VALIC Retirement Services Company.

American International Group, Inc. (AIG) is a leading global insurance organization serving customers
in more than 100 countries and jurisdictions. AIG companies serve commercial, institutional, and
individual customers through one of the most extensive worldwide property-casualty networks of any
insurer. In addition, AIG companies are leading providers of life insurance and retirement services in
the United States. AIG common stock is listed on the New York Stock Exchange and the Tokyo Stock
Exchange.

ASBO International, founded in 1910, is a professional organization of 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 education resources.

For more information about the COE award, visit asbointl.org/COE.