The St. Tammany Parish Public School System has been awarded for achieving excellence in financial reporting by the Association of School Business Officials (ASBO) and the Government Finance Officers Association (GFOA) for the 30th consecutive year.
“Our school system receiving these awards for thirty years in a row is a testament to our history of strong business practices and fiscal responsibility,” said Superintendent Trey Folse. “We remain committed to being good stewards of taxpayer funds entrusted to us to maintain a safe and productive learning environment for our students.”
St. Tammany is one of only 23 School Districts in the state who earned the ASBO award this year and one of only 10 School Systems in the state to receive the award for 25 years or more.
“This significant accomplishment acknowledges our School Board’s commitment and efforts by staff to report finances responsibly and transparently,” said School Board President Beth Heintz. “We appreciate the hard work and professionalism of the employees who work every day to handle district resources in the best interest of our students and community.”
The recognitions presented at the February Committee As A Whole meeting are given for excellence in the preparation and publication of 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 reporting and other program guidelines are recognized for these prestigious awards.