The Hermiston School District’s business department has earned the Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association (GFOA) of the United States for the district’s 2016-17 Comprehensive Annual Financial Report (CAFR).
Individuals with expertise in public sector financial reporting judge CAFRs, such as financial statement preparers, independent auditors, and other finance professionals. The goal of the GFOA program is to ensure that local governments meet the high standards of reporting for the program, including demonstrating a constructive “spirit of full disclosure” to clearly communicate its financial story and motivate potential users and user groups to read the CAFR.
The Certificate of Achievement is the highest form of recognition in governmental accounting and financial reporting, and its attainment represents a significant accomplishment by a district and its management.
“We have top professionals working in our Business Department,” said Interim Superintendent Tricia Mooney. “Receiving this award for the 12th time is a testament of their hard work. We also have great leadership from the school board, as well as community members who have served on the budget committee. Together as a whole, each of them has helped us to maintain exemplary financial stewardship.”