1. Key Accomplishments
PSD Business Office
driven... -Winner-
GFOA Award for
Excellence in
Financial Reporting
FY 2010 Contribution:
effective... $3.7 million 2003-2010
Indirect Cost Recovery Indirect Cost Recovery is a key indicator -Winner-
that shows the amount of unrestricted ASBO Intl. Certificate
Average recovery per year, (discretionary) money the District recieves of
FY 2003-2009: $1,210,333 from grants. The higher the recovery rate, Excellence in
the more money for the District. Financial Reporting
FY 2010 recovery: $2,001,045
2003-2010
accurate...
responsible...
-Winner-
Budget Forecast
Budget Forecast
Budget Forecast
ASBO Meritorious
Budget Award
Interest Income AccuracyRate
Accuracy Rate
Accuracy Rate
2009, 2010 and 2011
Average income per year: 99.2%
99.2%
FY 2003-2005: $456,109 99.2% (received by less than 1% of U.S.
school districts)
Average income per year:
FY 2006 -2010: $1,238,312
-Winner-
GFOA Distinguished
Budget Award
$2,500,000 6.00 2009, 2010 and 2011
Interest income per year
5.00 (received by less than 1% of U.S.
$2,000,000 school districts)
4.00
Interest Rate
$1,500,000
3.00
$1,000,000 -Winner-
2.00 GFOA Award for
$500,000 Outstanding
1.00
Achievement
$- 0.00 2009
2004 2005 2006 2007 2008 2009 2010 (only district in Utah to ever
receive this award)
Interest Earned Interest Rate
...and counting