The Association of School Business Officials International (ASBO) has awarded St. Vrain Valley Schools the Pathway to the Meritorious Budget Award (MBA) for the 2022–2023 budget year, in recognition of excellence in budget presentation.
“We are proud to have earned this award, which is in recognition of the hard work of our budget team and other District leaders,” shared Tony Whiteley, Executive Director of Budget and Finance for St. Vrain. “Their thoughtful collaboration in preparing a comprehensive, clear, and student-centered budget ensures that the allocation of District resources continues to be in alignment with St. Vrain’s mission and strategic priorities.”
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 that districts can use to improve their budget documents.
“This award reinforces our commitment to transparency and accountability to our community as well as our adherence to the high standards outlined by the award criteria,” added Whiteley.
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 the importance of presenting a quality, easy-to-understand budget internally and to the community,” ASBO International COO/Interim Executive Director Siobhan McMahon explains. “Participating in the MBA and Pathway programs provides districts with important tools and resources they need to communicate the district’s goals and objectives clearly and illustrates their commitment to adhering to nationally recognized budget presentation standards.”