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Northwest ISD finance team earns multiple state and national recognitions | Details
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Northwest ISD finance team earns multiple state and national recognitions | Details

Northwest ISD’s Financial Services Department has earned multiple state and national recognitions for its commitment to financial transparency, accountability and industry best practices, including several honors the department has received consecutively for more than two decades. The department earned recognitions from four organizations: the Association of School Business Officials, the Government Finance Officers Association, the

A group photo of the Northwest ISD Financial Services Department

Northwest ISD’s Financial Services Department has earned multiple state and national recognitions for its commitment to financial transparency, accountability and industry best practices, including several honors the department has received consecutively for more than two decades.

The department earned recognitions from four organizations: the Association of School Business Officials, the Government Finance Officers Association, the Texas Association of School Business Officials and the Texas Education Agency.

Northwest ISD Financial Services Honors
ASBO Certificate of Excellence in Financial Reporting and Meritorious Budget Award
GFOA Certificate of Achievement for Excellence in Financial Reporting and Distinguished Budget Presentation Award
TASBO Purchasing Award of Merit
TEA Financial Integrity Rating System of Texas (FIRST) A rating

These recognitions reflect the department’s compliance to state requirements, professional standards and best practices in financial reporting, budgeting and purchasing. They also demonstrate the district’s commitment to making financial information accurate, accessible and transparent to the community.

Several of these honors represent decades of consistent achievement. Northwest ISD has earned ASBO’s Excellence in Financial Reporting recognition for 22 consecutive years and GFOA’s recognition for 24 consecutive years. Both awards require districts to demonstrate sound accounting practices and submit financial reports for review by experienced committees.

The department also earned Meritorious Budget awards from both organizations. Considered among the highest honors for K-12 school district budgets, these awards recognize budgets that are detailed, accurate and easy for the public to understand.

Northwest ISD’s purchasing team earned the TASBO Purchasing Award of Merit for the ninth consecutive year. Only 84 school districts across Texas received the recognition this year. To qualify, districts must demonstrate professional purchasing practices and provide documentation, including policies, procedures and procurement audit results.

At the state level, the district earned an A rating through TEA’s FIRST program for the 24th consecutive year. The rating evaluates a district’s financial practices and compliance with state requirements on a 100-point scale, with districts required to score at least 90 to earn an A.

These recognitions reflect the work of Northwest ISD’s Financial Services Department to responsibly manage public funds while maintaining the transparency and accountability families, staff and taxpayers expect.

Source: www.nisdtx.org

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