News Column

PCSD and Reedy awarded by state

May 30, 2014

By Joseph Pratt, The Portsmouth Daily Times, Ohio

May 30--The Certificate of Achievement for Excellence in Financial Reporting has been awarded to Portsmouth City School District (PCSD) by the government Finance Officers Association of the United States and Canada (GFSOA) 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 award was given to Diana Reedy, chief financial officer at PCSD, for preparing and being primarily responsible for the award winning CAFR.

"This award has to do with our yearly audit report," Reedy said. "It basically says we report everything clearly and have no recommendations or anything against the audit."

Reedy said that PCSD usually wins the award annually, but this is the first time she has won it for her work. Reedy became treasurer this year, after Kyle Smith left -- who had won the award several times in the past.

"I think it speaks highly of the district as a whole, the board, the treasurer staff are here and remarkable and the administration staff as a whole. We report everything out there for people to see, there is nothing hidden with us."

The award is only a sign that everything is reported accurately, not the state of the school.

"I think every district in the county is struggling and we are no exception to that," Reedy explained. "Hopefully, we are looking for brighter times ahead. It seems that the administration is finally coming back and making changes for education and we hope things will be brighter in the future than they were in the past. Schools have gone through a rough time lately.

Joseph Pratt can be contacted at the Portsmouth Daily Times 740-353-3101, EXT 287, or by Twitter @JosephPratt03.


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Source: Portsmouth Daily Times, The (OH)

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