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Northeast Times | February 8, 2023

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NISD Receives Financial Reporting Awards

NISD Receives Financial Reporting Awards

PHOTO: At the November 10 school board meeting, Northwest ISD Board President Josh Wright and Superintendent of Schools Karen G. Rue recognized Chief Financial Officer Jon Graswich and Executive Director of Business Services Deanne Hatfield for receiving national financial reporting awards.

Northwest ISD has achieved two awards for its Comprehensive Annual Financial Report. A Certificate of Achievement for Excellence in Financial Reporting was presented to NISD by the Government Finance Officers Association of the United States and Canada (GFOA). This is the district’s 12th year to receive this award. In addition, Northwest ISD has been presented the Certificate of Excellence in Financial Reporting by the Association of School Business Officials International (ASBO). This is the district’s ninth year to receive this award. The GFOA and ASBO award is for school districts whose Comprehensive Annual Financial Reports substantially conform to the recommended principles and standards of financial reporting adopted by that organization. The award is granted only after intensive review of financial reports by an expert panel of certified public accountants and practicing school business officials.