08-14-2012 Regular School Board Meeting
Agenda Item #7


Title
Recognize Accounting Services for Excellence in Financial Reporting

Discussion
The Government Finance Officers Association (GFOA) has awarded a Certificate of Achievement for Excellence in Financial Reporting and the Association of School Business Officials (ASBO) has awarded a Certificate of Excellence in Financial Reporting to the School Board of Brevard County for achieving the highest standards in governmental accounting and reporting. These two awards are only conferred to governmental organizations/school systems that have met or exceeded the financial reporting standards of excellence.  This is the twelfth year the School Board has received the ASBO Certificate of Excellence in Financial Reporting, and the twelfth year the School Board has received the GFOA Certificate of Achievement for Excellence in Financial Reporting.


Recommendation
Recognize the Office of Accounting Services for receiving a Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association (GFOA) and a Certificate of Excellence in Financial Reporting from the Association of School Business Officials (ASBO) for their presentation of the District's Comprehensive Annual Financial Report (CAFR) for the period ending June 30, 2011.

Meeting Date(s)
Resolution / Presentation - 8/14/2012

Authority for Action
F.S. 1001.42

Involves Expenditure of Funds Directly in the Classroom
No

Source of Funding
Agenda Item will not Require the Expenditure of Funds

FY
Amount
Budgeted
Fund
Cost Center
Project
Function
Object
Program

Contact

Jo Ann Clark, Director of Accounting Services, ext. 660

Judy Preston, Associate Superintendent of Financial Services, ext. 600