Of course not. Heck I think half the schools in this state are "Schools of Excellence" or somesuch made-up feel-good nonsense. Not exactly sure what qualifies as "Excellence" in a state which is perpetually locked in a battle with Mississippi for worst SAT scores.
Yes, they're all either "Schools of Excellence" or "Schools of Distinction." My neighbors are underwhelmed at the "excellence" of our local elementary school. And my teenagers hear horror stories about the high schools.