ASBO recognizes District with Meritorious Budget Award for 2018/19

The Association of School Business Officials International (ASBO) has recognized Lethbridge School District No. 51 for excellence in budget presentation with the Meritorious Budget Award (MBA) for the 2018–2019 budget year.

ASBO International’s MBA and Pathway to the MBA promote and recognize best budget presentation practices in school districts. 

Participants submit their applications and budget documents to a panel of school financial professionals, who review the materials for compliance with the MBA Criteria Checklist and other requirements and provide expert feedback districts can use to improve their budget documents.

Districts that successfully demonstrate they have met the necessary program requirements may earn either the MBA or Pathway to the MBA, an introductory program that allows districts to ease into full MBA compliance. 

“Districts that apply to the MBA or Pathway to the MBA programs recognize their community needs to be able to easily find and understand important district financial information,” ASBO International Executive Director John Musso, CAE, RSBA, explains.

“Awarded budget documents are accurate, easy to read and communicate the district’s goals and objectives. Reviewer comments help districts continually improve their budget presentation — which is one reason districts apply each year.”  

The MBA and Pathway to the MBA are sponsored by ASBO International Strategic Partner Voya Financial®. Learn more at asbointl.org/MBA.

To learn more about the financial-reporting process for Lethbridge School District No. 51, please visit this link: FINANCIALS.

Date posted: Sept. 6, 2018