Friday, April 11, 2014

Finance Office Earns Top Award for Financial Reporting

The Association of School Business Officials International recently announced that Chapel Hill–Carrboro City Schools has received the Certificate of Excellence award based on the Comprehensive Annual Financial Report (CAFR) for the fiscal year ending 2013.

As the only award program specifically designed for school district financial reporting, the Certificate of Excellence represents a significant achievement by the school district and finance department in meeting the highest standards of school financial reporting.  To receive the award, the district must satisfy specific guidelines for effective, high-quality financial reporting recognized by school business officials.

Sponsored by VALIC, the Certificate of Excellence award confirms the school business office’s commitment to financial accountability and transparency.  Recognition through this program can help strengthen a district’s presentation for bond issuance statements and promotes a high level of financial reporting.

Congratulations to Ruby Pittman, Executive Director of Budget and Finance, and her team for a job well done.

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