The Canutillo Independent School District is among a handful of state districts in to have earned the prestigious Award of Excellence in Financial Management award from the Texas Association of School Business Officials – the largest school-finance organization in the state.
The award is given to Texas school districts and education services centers that demonstrate professional standards, best practices, and innovations in the area of financial management and reporting.
The criteria to qualify for the Award of Excellence in Financial Management is stringent, based on financial accounting and reporting guidelines identified by the Texas Education Agency Financial Accountability System Resource Guide. Applicants must submit documents across 11 key areas, which are reviewed by the association accounting subcommittee.
“We take great pride in receiving recognitions such as the TASBO Award of Excellence in Financial Management because it shows our commitment to ensuring we are being diligent and responsible with district funds,” Superintendent Dr. Pedro Galaviz said. “It is important for our stakeholders to have confidence in our ability to go above and beyond to manage and protect our assets.”
This latest distinction adds to a growing roster of awards and accolades the District’s Financial Department continually earns in recognition of superior financial management, integrity and reporting.
“These organizations have gone above and beyond to demonstrate transparency by meticulously documenting their districts’ policies and procedures,” said Tracy Ginsburg, TASBO Executive Director. “Not only have they showcased the ways they monitor spending, improve budgeting, implement controls, and enhance financial reporting, but they have shared their best practices with colleagues throughout Texas, helping even more educational organizations to better utilize taxpayer dollars.”
Members of the district’s finance team will be honored at an awards reception sponsored by Frontline Education in San Antonio, Texas, on February 15 during the 2023 TASBO annual conference.