District's Business Office Wins Top Honor

Posted by Thomas DeLoughry on 12/21/2018 6:00:00 AM

District’s Business Office Wins Top Honor

The Wyckoff School District has been recognized for the 15th year in a row for exemplary financial practices. The streak began under retired Business Administrator Alan Reiffe and has continued under his successor Patricia Salvati, who came on board in December 2016.

 

The Association of School Business Officials International awards its “Certificate of Excellence in Financial Reporting” annually to school districts that meet its standards for the district’s Comprehensive Annual Financial Report (CAFR).

ASBO logo

John Musso, executive director of the association, says the “CAFR informs parents and other stakeholders about the financial and economic state of the district, making it an important communications tool for building trust and engaging with the school community.”

 

Salvati said she was happy to accept the recognition on behalf of the District’s auditors and the business office. “This certificate recognizes local governments and school districts that go beyond the minimum requirements of generally accepted accounting principles,” she added.

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