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Anchorage School District honored for excellence in financial reporting


District honored for excellence in  financial reporting ASD earns top honors for 28th year

At its meeting tonight, the  Anchorage School Board will recognize the Accounting, Accounts Payable, Budget  and Payroll departments for their excellence in financial reporting. The  recognition follows the district receiving the Certificate of Achievement for  Excellence in Financial Reporting for its Comprehensive Annual Financial Report  for the fiscal year ending June 30, 2010. The award is the highest honor  presented by the Government Finance Officers Association.

The association rated the district's  CAFR as meeting the highest standards of the program, including demonstrating a  constructive "spirit of full disclosure" to clearly communicate its financial  story and motivate potential user groups to read the document.

"We believe it's vital to be  transparent and accountable to the community," said Chad Stiteler, Chief  Financial Officer. "The CAFR is a great summary of the work my staff does each  and every day and it is a pleasure to be recognized for our efforts again this  year."

The district has received this award  consecutively since 1988, and on five occasions prior to that date.

The board meeting begins at 6:30  p.m. at the ASD Education Center. The recognition memo (#51) is available  online in the board memo archives or directly through this link: www.asdk12.org/School_Board/archives/2011-2012/20110912/C02M051.pdf.

The district's Business Management  division was also recently honored with the Certificate of Excellence from the  Association of School Business Officials International. This represents the  27th year the district has been recognized by ASBO.

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