Already renowned for its impeccable record, the Weslaco ISD Business Office earns yet another award. The Business Office was recently awarded with Certificate of Achievement for Excellence in Financial Reportingfor detailing the district’s budget and explaining how the numbers add up.
The Government Finance Officers Association of the United States and Canada (GFOA) presented WISD with this certificate for its comprehensive annual financial report for the fiscal year ending August 31, 2019. This certification applauds the Business Office’s reporting of the school district’s financial dealings in an easy-to-follow format.
“We received this certification based on the preparation of the report,” Assistant Superintendent of Business and Finance Andres Sanchez said. “It’s an audit report. But there is additional statistical information for the past ten years.”
The report was judged by an impartial panel to meet the high standards of the program, which includes demonstrating a constructive "spirit of full disclosure" to clearly communicate its financial story and motivate potential users and user groups to read the report.
As the recipient of the Financial Integrity Rating System of Texas (FIRST) award for 18 years, Sanchez is no stranger to reporting comprehensive budget reports. The Business Office has also received the Texas Education Agency’s highest honor “Superior Rating” for the past 18 years.
“We have good staff at the Business Office,” Sanchez said. “We need to be very careful with the taxpayer’s money and follow our procedures.”
This 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 governmental body and its management. GFOA advances excellence in government finance by providing best practices, professional development, resources, and practical research for more than 21,000 members and the communities they serve.