Subscribe Today! Please read: Readers of local content on the Herald and News website – – will require a subscription beginning today. For the first few months, non-subscribers will still be able to view 10 articles for free. If you are not already a subscriber, now is a great time to join for as little as $10/month!
Award winning team

Members of KCSD’s business services office whose work earned the department its fifth Certificate of Achievement for Excellence in Financial Reporting include, back row from left: Connie Lakey, Dena Hadwick, Nancy Drake, Lana Loney, Annalise Milwrick, and front row, from left: Rachel Murray, Mindy Markee, Renée Ferguson, director of business services; and Denise Reid. Not pictured is Tammy Cosand.

For the fifth year in a row, the Klamath County School District has received a Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association of the U.S. and Canada for its Comprehensive Annual Financial Report.

The district was one of only 20 of 197 school districts statewide to receive the award, considered to be the highest form of recognition in the area of governmental accounting and financial reporting.

An impartial committee spent six months reviewing the district’s financial report for fiscal year ending June 30, 2018. The comprehensive report replaces a standard audit.

“The preparation of this report was a team effort,” said Renée Ferguson, KCSD’s director of business services.

“It’s reflective of better fiscal management and can assist with achieving a higher bond rating. I am thankful to work with such high-caliber professionals.”

KCSD Superintendent Glen Szymoniak called striving to achieve the CAFR Certificate of Achievement an ambitious goal.

“It represents the district’s determination to earn public trust by demonstrating outstanding fiduciary responsibility in managing public funds,” he said. “Actually achieving that level of stewardship year after year is a mark of excellence for our business office and its leadership. We are motivated to attain this goal into the future.”