March.pdf

Lake Worth ISD is proud to be among the second group ofeducational institutions recognized by the Texas Association ofSchool Business Officials (TASBO) with the prestigious Awardof Excellence in Financial Management. Established in 2020,the award is given to Texas school districts, open-enrollmentcharter schools, and education services centers thatdemonstrate professional standards, best practices, andinnovations in the area of financial management andreporting.

The criteria to qualify for the Award of Excellence in FinancialManagement is stringent, based on financial accounting andreporting guidelines identified by the Texas Education Agency(TEA) Financial Accountability System Resource Guide(FASRG). Applicants must submit documents across 11 keyareas, which are reviewed by a TASBO accountingsubcommittee.