Gilmer Schools hits fifth consecutive Award for Financial Distinction
Board of Education, News July 20, 2022EAST ELLIJAY, Ga. – Through COVID, school closures, and changing Superintendents, Gilmer Schools is continuing what is fast becoming a tradition in its Financial Department. Once again this year, the Financial Department, with Director and CFO Trina Penland, has received the Georgia Department of Audits and Accounts (DOAA) Award of Distinction for Excellent Financial Reporting.
For five consecutive years, Gilmer County has received this award.
A rare award for school administrations, usually only roughly 20% of municipalities that report in the DOAA receive the award. These include county school systems, city school systems, and universities. Even rarer, Gilmer shares the running streak of consecutive awards with only a few of those municipalities according to reports on the DOAA website.
The Distinction Award is given to those submitting “quality financial statements and supporting documentation in a timely manner.” They must also have an unmodified audit opinion free of any “significant deficiencies or material weaknesses.” Candidates must also comply with all Transparency in Government Act requirements.
According to their site, “The Best Practice Criteria has been established to recognize better practices for financial reporting and controls. This Certificate of Achievement encourages Local Boards of Educations to go beyond the minimum requirements of generally accepted accounting principles and recognize individual organizations that are successful in achieving that goal.”
On top of their five year streak, the school system is actually celebrating its sixth award in the last seven years.
Though the Board receives the award as the reporting entity, they lay the recognition at the feet of CFO Trina Penland and the finance staff as they offered their congratulations to Penland during the July BOE Worksession.
BOE receives Financial Distinction award again
News May 19, 2020EAST ELLIJAY, Ga. – According to Gilmer Schools Superintendent Dr. Shanna Downs, Gilmer has won a Financial Distinction award again this year as it draws closer to the end of its 2019-2020 year.
Won it “again” because it is starting to become a common thing in Gilmer Schools Administration as the financial department, led by Director of Finance Trina Penland, won the award last year and the year before. They also received the award two years prior, meaning that while this is the third year in a row that Gilmer Schools and Penland have achieved this award, it is actually the fourth time in five years that they have gotten it.
While a representative from the Georgia Department of Audits and Accounts was not at Gilmer’s meeting to deliver the award this year as they have done previously, Downs said this was due to the current outbreak situation, they did deliver their congratulations through Dr. Downs saying that they wanted to make the board aware of another year of excellence.
The “Award of Distinction for Excellent Financial Reporting for Fiscal Year 19,” as Down named it, is rare among the counties that are reported under this group. While the Board of Education and Penland did not know the numbers this year, previous reports on FYN confirmed that only 32 of the 159 entities audited in 2018 and only 27 of the 150 entities audited in 2017 received this award.
Dr. Downs accredited the hard work of the the entire Financial Department and Trina Penland as the Director to not only have achieved this goal once, but three times in a row. These awards are not just for one area, but include requirements from reporting, annual audits, and documentation.