The St. Tammany Parish Public School System has been awarded with the Certificate of Excellence for achieving excellence in financial reporting for the 31st consecutive year by the Association of School Business Officials (ASBO) and the Government Finance Officers Association (GFOA).
"These awards are an acknowledgement of our School Board’s commitment to reporting finances transparently and responsibly to the taxpayers of this parish," said School Board President Michael Nation. "We are deeply proud of the hard work and professionalism of the employees who work daily to handle the finances of our district to ensure monies are used in the best interest of our students and community."
STPPS is one of only 23 School Districts in the state to earn the ASBO award this year and one of only 10 School Systems in the state to receive the award for 25 years or more. Superintendent Trey Folse said, "We know that our community puts trust in us to maintain safe and productive learning environments for our students and employees, and we are committed to continuing our practice of being good stewards of taxpayer funds."
"The fact that the St. Tammany Parish Public School System has received these awards for 31 years in a row shows our long history of strong business practices and fiscal responsibility," said Matthew Greene, School Board Chair of the Business Affairs/Administrative Committee.
The recognitions presented at the February Committee As A Whole meeting are given for excellence in the financial reporting and accountability in the Comprehensive Annual Financial Report (CAFR).
The process for both of these awards involves an extensive review of financial reports by an outside team of professional auditors and finance experts. Only those applicants who meet the requirements for transparent financial reporting and other program guidelines are recognized for these prestigious awards.