The Association of School Business Officials International (ASBO) has recognized Lethbridge School Division for excellence in budget presentation with the Meritorious Budget Award (MBA) for fiscal year 2024/2025.
ASBO International's MBA and introductory Pathway to the MBA programs promote and recognize excellence in school budget presentation. Program participation enhances school business officials' skills in developing, analyzing and presenting a school system budget.
Participants submit their 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 that districts can use to improve their budget documents.
Divisions that meet the stringent program requirements may earn either the MBA or Pathway to the MBA (Pathway). Pathway is an introductory program that allows districts to ease into full MBA compliance.
"Presenting a budget that is both accessible and accurate is crucial for school districts to clearly communicate and build trust with their communities," said Jim Rowan, CAE, SFO, ASBO International Executive Director. "The Meritorious Budget Award program provides districts with the resources and tools to do just that, and the districts that receive the award are recognized for their commitment to upholding nationally recognized budget presentation standards."