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For the seventh consecutive year Olentangy Local Schools earned the Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association (GFOA) for its Comprehensive Annual Financial Report (CAFR). The GFOA Certificate of Excellence is the highest form of recognition in the area of governmental accounting and financial reporting and its attainment represents a significant accomplishment by the district and its fiscal management practices.

The district first received this honor in 1997, and has graciously accepted the award on ten occasions. This award represents the fiscal year ending June 30, 2007.