FOR IMMEDIATE RELEASE                 N.R. #262, 5/12/03

Date:  May 12, 2003
Contact: Irene Cromer
(703) 791-8720

SCHOOL DIVISION EARNS HONORS FOR FINANCIAL REPORT

The Association of School Business Officials (ASBO) International awarded a Certificate of Excellence in Financial Reporting to Prince William County Public Schools for excellence in the preparation and issuance of the school division’s Comprehensive Annual Financial Report for fiscal year end 2002.  

This nationally recognized program reviews and critiques district accounting practices as represented in the Comprehensive Annual Financial Report and recognizes school districts that adhere to sound principles and reporting procedures.  A district earning the Certificate of Excellence receives not only the award, but enhanced credibility for the financial management of its school system.  

Since its inception in 1972, the program has gained the distinction of being a prestigious national award recognized by accounting professionals, underwriters, securities analysts, bond rating agencies, state and federal agencies, and education, teacher, and citizen groups.

At its May 28 meeting, the Prince William County School Board will present Certificates of Recognition to Robert Ferrebee, Associate Superintendent for Management, David Cline, Director of Finance, and John Wallingford, Supervisor of Fiscal Operations, for their roles in this accomplishment.
 


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