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Columbus City Schools gets Certificate of Achievement for Excellence in Financial Reporting

Posted by: New Americans Magazine , July 15, 2024

By Taiwo AKINLAMI

In an era where financial transparency and responsibility are paramount, Columbus City Schools (CCS) has once again proven its unwavering commitment to these principles. For the 24th consecutive year, CCS has been awarded the prestigious Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association (GFOA). This accolade is a testament to the district’s dedication to upholding the highest standards in financial management and reporting.

The announcement was made by Dr. Angela M. Chapman, Superintendent and CEO of Columbus City Schools, who proudly shared the news on social media. Dr. Chapman highlighted the significance of this achievement, stating, “I am proud to announce that Columbus City Schools has earned the Government Finance Officers Association (GFOA) Certificate of Achievement for Excellence in Financial Reporting for the 24th year in a row! This honor highlights our dedication to fiscal responsibility and transparency. Thank you to our amazing team and community for your support!”

The GFOA Certificate of Achievement is the highest form of recognition in the area of governmental accounting and financial reporting. Attaining this certificate demonstrates that Columbus City Schools has met rigorous standards and demonstrated a spirit of full disclosure to clearly communicate its financial story. The award encourages and assists governments to go beyond the minimum requirements of generally accepted accounting principles to prepare comprehensive annual financial reports that evidence the spirit of transparency and full disclosure.

Earning this certificate for nearly a quarter-century underscores the consistent effort and diligence of CCS’s financial team. The district’s commitment to excellence in financial reporting not only ensures accountability but also fosters trust and confidence among the stakeholders, including parents, staff, and the broader community.

Columbus City Schools, the largest school district in Ohio, serves over 50,000 students across more than 100 schools. Maintaining such a vast educational system requires meticulous financial planning and reporting. The GFOA award signifies that CCS has effectively managed its financial resources to support its mission of providing high-quality education to all students.

Dr. Chapman’s recognition of the community’s support further emphasizes the collaborative effort required to achieve such a milestone. The CCS community has played a crucial role in this success, providing the necessary backing and engagement that helps drive the district’s financial stability and growth.

As CCS celebrates this remarkable achievement, it sets a benchmark for other school districts to follow. The district’s approach to financial management serves as a model, illustrating how transparency and accountability can lead to sustained excellence and trust within the community.

In conclusion, Columbus City Schools’ 24th consecutive GFOA Certificate of Achievement for Excellence in Financial Reporting is more than just an award; it is a symbol of the district’s enduring commitment to financial integrity and educational excellence. Congratulations to Dr. Angela M. Chapman, the financial team, and the entire CCS community for this outstanding accomplishment. Here’s to many more years of excellence and transparency in financial reporting!

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Deba Uwadiae is an international journalist, author, global analyst, consultant, publisher and Editor-in-Chief of the New Americans Magazine Group, Columbus, Ohio. He is a member of the Ohio Legislative Correspondents Association, OCLA.

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