North Royalton City Schools News Article

Treasurer's Office Receives Highest Form of Recognition

The treasurer’s department of North Royalton City Schools has received 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). 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 District’s CAFR report can be viewed at www.northroyaltonsd.org/FinancialDocuments.aspx.

An impartial panel judged the District’s CAFR to meet the high standards of the program, which includes 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 Board would like to congratulate Mr. Sidoti and the entire financial department,” said Board President Dr. John Kelly, North Royalton City Schools. “Under his leadership, the District has maintained a solid financial position with excellent transparency.”

The Government Finance Officers Association is a major professional association servicing the needs of more than 20,000 appointed and elected local, state and provincial-level government officials and other finance practitioners.

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