Awards in Excellence
Canutillo ISD Recognized for Excellence in Financial Reporting
Posted on 08/10/2017
This is the image for the news article titled Canutillo ISD Recognized for Excellence in Financial ReportingCanutillo Independent School District strives for excellence in all areas of operations and recently, the District was recognized and received two highly prestigious awards. CISD is the first in the Region to be awarded either of these awards.

The Association of School Business Officials (ASBO) International has awarded Canutillo ISD its Certificate of Excellence (COE) in Financial Reporting for having met or exceeded the program’s high standards for financial reporting and accountability. The district was recognized for its Comprehensive Annual Financial Report for the fiscal year ending 2016.

Sponsored by VALIC, the Certificate of Excellence (COE) award confirms the school business office’s commitment to financial accountability and transparency. Recognition through the COE program can help strengthen a district’s presentation for bond issuance statements and promotes high quality financial reporting.

Canutillo ISD also earned the Certificate of Achievement (COA) for Excellence in Financial Reporting from the Government Finance Officers Association (GFOA).

The Government Finance Officers Association of the United States and Canada (GFOA) awarded the Certificate of Achievement for Excellence in Financial Reporting to Canutillo ISD for its comprehensive annual financial report (CAFR). The Certificate of Achievement is the highest form of recognition in the area of governmental accounting and financial reporting, and its attainment represents a significant accomplishment by the District and its management.

“Our mission of excellence extends beyond the classroom and encompasses all departments within our organization,” Canutillo Superintendent of Schools Dr. Pedro Galaviz said. “When it comes to our students, every member of our team is responsible for their adequate education.”

The CAFR has been judged by an impartial panel to meet the high standards of the program, which includes demonstrating a constructive "spirit of full disclosure" to clearly communicate its financial story and motivate potential users and user groups to read the CAFR.