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January 14, 2005 WISD Receives Top Awards for Accounting and Financial ReportingRest assured. Your tax dollars are well-spent in the Weatherford Independent School District. This fact was confirmed at the January 13th Board of Trustees meeting when the WISD Business Office received 2 top awards from the State of Texas for accounting and financial reporting. The Certificate of Achievement for Excellence in Financial Reporting was awarded to the WISD Business Office by the Government Finance Officers Association of the United States and Canada (GFOA) for its comprehensive annual financial report (CAFR). The Certificate of Achievement is the highest form of recognition in the area of governmental accounting and financial reporting, and its attainment represents a significant accomplishment by a government and its management. This is the 12th year in a row that the business office has received this honor. In addition, the district received a rating of "Superior Achievement" for the 2003-2004 school year from the Financial Integrity Rating System of Texas (FIRST). The FIRST is a two-year old evaluation system created by the Texas Education Agency (TEA). The rating is based on 21 financial indicators. The primary purpose of Schools FIRST is to achieve quality performance in the management of school districts’ financial resources. This purpose was made more significant due to the complexity of accounting associated with the Texas school finance system. "We are very pleased with these honors," said Superintendent Dr. Deborah Cron, "as it shows that our district is making the most of our taxpayers’ dollars. These ratings show that WISD’s schools are accountable not only for student learning, but also for achieving these results cost-effectively and efficiently."
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For more information
contact:
817/598-2948 • Fax 817/598-2953 |