The Miami-Dade County College Board has as soon as once more demonstrated its monetary excellence, incomes the celebrated Certificates of Achievement for Excellence in Monetary Reporting from the Authorities Finance Officers Affiliation (GFOA) for its Annual Complete Monetary Report for the fiscal 12 months ending June 30, 2024.
This marks the fortieth consecutive 12 months the district has obtained this top-tier recognition — the very best type of acknowledgment in governmental accounting and monetary reporting.
The award is predicated on a rigorous analysis by an neutral panel, which decided the report met this system’s excessive requirements, significantly its “spirit of full disclosure,” aimed toward clearly and totally speaking the district’s monetary story to the general public.
To qualify for the consideration, the district’s finances doc was required to fulfill nationally acknowledged pointers in 4 key areas: coverage growth, monetary planning, operational steering, and efficient communication. The report additionally needed to rating proficient throughout fourteen necessary standards tied to these classes.
In tandem with this recognition, the district’s Workplace of the Controller obtained the Award of Monetary Reporting Achievement, offered by the GFOA to departments that play a central function in making ready award-winning monetary paperwork.
The GFOA, a nonprofit skilled affiliation, represents over 21,000 finance professionals throughout america and Canada. Its mission is to advance excellence in public finance by means of schooling, management, and finest practices — one thing Miami-Dade County Public Colleges continues to exemplify.