PPS earns Financial Reporting award

PPS once again brings Excellence in Financial Reporting award
Posted on 08/09/2021
PPS once again brings Excellence in Financial Reporting award

The Portsmouth Public Schools Department of Budget and Finance has once again earned the Government Finance Officers Association (GFOA) Certificate of Achievement for Excellence in Financial Reporting.

According to the GFOA, the Certificate of Achievement is the highest form of recognition in governmental accounting and financial reporting, and its attainment represents a significant accomplishment by a government and its management.

In order to receive the award, the Department of Budget and Finance submitted its comprehensive annual financial report for the previous fiscal year (ending June 30, 2020). The report was 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 report.

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