NNPS earns award for financial reporting
Posted: May 20, 2020
Newport News Public Schools has earned an award for financial management practices and transparency from the Association of School Business Officials International (ASBO). ASBO awarded the school division a Certificate of Excellence in Financial Reporting for its comprehensive annual financial report for fiscal year 2019.
The Certificate of Excellence in Financial Reporting is the highest recognition for school district financial operations offered by ASBO and is only awarded to school districts that have met or exceeded program standards. The school division's financial report is recognized for providing a variety of information including financial statements, supporting schedules, statistics and narrative explanations.
The ASBO awards program is designed to encourage school districts to provide the public with a fair presentation of all funds and financial transactions. All submissions are judged by an impartial, professional panel of auditors. This is the tenth year that the school district's comprehensive annual financial report has earned this award.