Dec 2, 2021

PLSD Wins Two Financial Reporting Awards

PAFR cover image

Pickerington Schools and the district’s Treasurer’s Office recently received two awards for excellence in financial reporting.

Popular Annual Financial Report

Government Finance Officers Association of the United States and Canada (GFOA) has given an Award for Outstanding Achievement in Annual Financial Reporting to Pickerington Schools for its Popular Annual Financial Report (PAFR), for the fiscal year that ended on June 30, 2020. The Award for Outstanding Achievement in Popular Annual Financial Reporting is a prestigious national award recognizing conformance with the highest standards for preparation of state and local government popular reports.

In order to receive an Award for Outstanding Achievement in Popular Annual Financial Reporting, a government unit must publish a Popular Annual Financial Report, whose contents conform to program standards of creativity, presentation, understandability, and reader appeal.

An Award for Outstanding Achievement in Popular Annual Financial Reporting is valid for a period of one year only. This marks the 15th consecutive year that Pickerington Schools has received the Popular Award.

The reviewers commented favorably that the PAFR is a “concise, beautiful report with colorful charts and graphics … the layout is easy to follow.”

Annual Comprehensive Financial Report

Pickerington Schools’ Annual Comprehensive Financial Report (ACFR) for the fiscal year that ended on June 30, 2020 was awarded the Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association of the United States and Canada (GFOA). The Certificate of Achievement is the highest form of recognition for excellence in state and local government financial reporting.

In order to be awarded a Certificate of Achievement, a government unit must publish an easily readable and efficiently organized annual comprehensive financial report (ACFR) whose contents conform to program standards. Such an ACFR must satisfy both generally accepted accounting principles and applicable legal requirements. This marks the 11th consecutive year that Pickerington Schools has received this Certificate of Achievement.