July 29, 2019 by HCDE-Texas
Harris County Department of Education has earned the “Certificate of Excellence in Financial Reporting” for its fiscal year 2018 comprehensive annual financial report (CAFR). The award was issued by the Association of School Business Officials (ASBO) International. The award helps to promote and recognize excellence in financial reporting, specifically through a district’s CAFR, according to ASBO.
“This is the 15th year that HCDE has received this award,” said Jesus Amezcua, HCDE’s assistant superintendent of finance. “We are proud that the HCDE Business Services Division achieved this important milestone to meet ASBO’s high standards for financial reporting and accountability.”
By participating in the COE program, school districts demonstrate their commitment to financial transparency. Applicants submit their CAFR for review by a team of professional auditors who provide feedback to improve future documents. If the CAFR meets the requirements of the program, the document may receive the Certificate of Excellence.
Founded in 1910, ASBO is a nonprofit organization which represents approximately 30,000 school business professionals worldwide through its members and affiliates.