Montgomery County Public Schools (MCPS) has received the Governmental Finance Officers Association Certificate of Achievement for Excellence in Financial Reporting for the 2005 Comprehensive Annual Financial Report (CAFR). This award is the highest form of recognition in governmental accounting and financial reporting. MCPS won the award for the first time in 2004.

In addition, Montgomery County Public Schools’ CAFR has been recognized with the Association of School Business Officers Certificate of Excellence in Financial Reporting for more than 20 consecutive years. This nationally recognized program reviews and critiques district accounting practices as represented in the CAFR and recognizes school districts that adhere to sound principles and reporting procedures.