FCSD3 Earns 5th Consecutive Financial Reporting Award

For the fifth consecutive year, Florence County School District Three has been awarded the Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association of the United States and Canada (GFOA) for its comprehensive annual financial report (CAFR) for the 2014-2015 fiscal year.

The award was presented to Donna D. Sullivan (CGFO), FCSD3’s director of finance, by Missy Coker, GFOASC past president and vice president for business affairs at Williamsburg Technical College, Thursday during the FCSD3 board of trustees meeting.

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

The CAFR was judged by an impartial panel to meet the high standards of the program including demonstrating a constructive “spirit of full disclosure” to clearly communicate its financial story and motivate potential users and user groups to read the CAFR.

The GFOA is a nonprofit professional association serving approximately 17,500 government finance professional with offices in Chicago and Washington, DC.