Board recognizes business office for excellence

LISD Board recognizes business office for excellence
Posted on 09/28/2020
District News Release


DATE: September 28, 2020

LISD Board recognizes business office for excellence  


Lockhart Independent School District’s finance department received the Government Finance Officers Association of the United States and Canada (GFOA) Certificate of Achievement for Excellence in Financial Reporting (CAFR). This is the highest form of recognition in governmental accounting and reporting, and it is the 15th consecutive year the district has earned this award.


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. The GFOA is a major professional association servicing the needs of nearly 20,000 appointed and elected local, state, and provincial-appointed officials and other practitioners. 

Also this summer, LISD’s business office scored a 100 percent on the Schools Financial Integrity Rating System of Texas (FIRST) Rating, earning a Superior rating for the 18th year in a row. 

The legislature authorized the Schools  FIRST rating to assess the quality of financial management in Texas public schools, measure and report the extent to which financial resources assure the maximum allocation possible for direct instructional purposes, to ensure a system that fairly and equitably evaluates the quality of financial management decisions, and to increase overall financial accountability within Texas’ public education system. 

Receiving the honor from the Lockhart ISD Board of Trustees for the LISD business office was Chief Financial Officer Tina Knudsen.  During the recognition event this evening, Executive Director of Communications & Community Services Christina Courson shared, “We recognize a department that has contributed significantly to the financial management of resources in a way that has enabled this school district, with the Board’s leadership and support, to leverage our resources in the relentless pursuit of excellent and equitable results for our Lions.” 

 


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