Pictured from left to right are Fernando Flores, Associate Vice President of Budget and Financial Services, Josette Shaughnessy, Vice President of Financial and Administrative Operations and Dr. William Serrata, President
On Friday, El Paso Community College (EPCC) officials announced that the college was awarded the Certificate of Achievement for Excellence in Financial Reporting for the Government Finance Officers Association of the United States and Canada (GFOA).
“The CAFR provides a wealth of information to the Federal, State and local agencies, the bond rating agencies and the College’s accreditating bodies about the its vital role in the local, state and national economy,” Josette Shaughnessy, EPCC Vice President of Financial and Administrative Operations said.
This is the 21st year that the College receives this award which is the highest form of recognition in governmental accounting and financial reporting. The award is for the fiscal year ending August 31, 2016.
The CAFR highlights not only the College’s financial results but also its achievements in every area of the District such as any new initiatives related to student success, technology and the various services provided to the El Paso community.
The Certificate of Achievement for Excellence in Financial Reporting award recognizes state and local governments that go beyond the minimum requirements of generally accepted accounting principles by preparing comprehensive annual financial reports (CAFR) that evidence transparency and full disclosure.
The 2015-2016 CAFR for EPCC is available to the public on the College’s Financial Transparency website.