USD Wins Financial Reporting Award
USD was awarded a Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association of the United States and Canada (GFOA) for our 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 a government agency and its management.
The Certificate of Achievement was presented to USD's Finance and Acquisition Services Team (FAST), which had primary responsibility for preparing the award-winning CAFR. An impartial panel found the District's CAFR to meet the high standards of the program, which includes demonstrating a constructive "spirit of full disclosure" to clearly communicate USD's financial story.