Financial Transparency Star
The Texas Comptroller of Public Accounts has awarded Red Oak ISD the Traditional Finances Transparency Star that recognizes local governments for going above and beyond in transparency by providing clear and meaningful financial information not only by posting financial documents, but also through summaries, visualizations, downloadable data and other relevant information. The District has received this award each year since 2017. For 2020, only 77 school districts were awarded the Financial Transparency Star.
Purchasing Award of Merit
The Red Oak ISD Business Office was awarded the Texas Association of School Business Offices (TASBO) Award of Merit for Purchasing Operations in 2020 for the second consecutive year. The Purchasing Award of Merit recognizes the achievements of educational organizations in implementing best practices in the area of purchasing that demonstrate professional purchasing operations and share their best practices in policies and procedures with colleagues throughout the state. For 2020, only 40 school districts were awarded the Purchasing Award of Merit.
Certificate of Excellence in Financial Reporting
Red Oak ISD has earned the Certificate of Excellence in Financial Reporting Award from the Association of School Business Officials (ASBO) International for the fiscal year ended 2020. This is the 2nd year that our District has been recognized for this award. The Certificate of Excellence recognizes school districts for excellence and best practices in financial reporting. This award represents a significant achievement and reflects the District's commitment to transparency and high-quality financial reporting.
Meritorious Budget Award
Red Oak ISD joins a small number of districts across the State of Texas that have achieved the distinguished Meritorious Budget Award (MBA), provided by the Association of School Business Officials (ASBO) International. The MBA recognizes school districts for excellence in school budget presentation, setting a high standard for transparent budget development.
Red Oak ISD was awarded the Meritorious Budget Award for fiscal years 2020-2021 and 2021-2022. Just 21 school districts in Texas earned the prestigious designation of the Meritorious Budget Award in fiscal year 2019-2020.
GFOA Certificate of Achievement for Excellence in Financial Reporting
The Government Finance Officers Association of the United States and Canada (GFOA) has awarded the Certificate of Achievement for Excellence in Financial Reporting to Red Oak Independent School District for its comprehensive annual financial report for the fiscal year ended June 30, 2020. The report has been judged by an impartial panel 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 report.
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.