Fort Lauderdale, Florida – The Broward County School Board has been recognized by the Association of School Business Officials International (ASBO) by receiving the prestigious Meritorious Budget Award (MBA) for the fiscal year 2023/24. This recognition is a testament to the board’s dedication to financial transparency and budget presentation excellence.
Excellence in Budget Presentation
The MBA is awarded to school districts that demonstrate exceptional ability in developing budget presentations that are not only comprehensive and detailed but also accessible and understandable to the community they serve. The criteria for this award focus on several key areas:
- Development of effective budget presentations
- Compliance with specific budget presentation guidelines
- Commitment to making budget documents reader-friendly
- Adherence to nationally recognized standards for budget presentations
School districts seeking this recognition undergo a rigorous review process. They must submit their budget documents to a panel of school financial professionals who assess the materials based on the MBA criteria and other essential requirements. Through this process, districts receive valuable feedback from experts in school finance, helping them to refine and improve their budget presentations.
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The award distinguishes two levels of recognition: the full MBA for those who meet all program requirements and the Pathway to the MBA for districts working towards full compliance. Achieving the MBA signifies a district’s dedication to clear communication and transparency, which are crucial for building trust within their communities.
Jim Rowan, CAE, SFO, Executive Director of ASBO International, emphasized the importance of presenting a budget that the community can easily access and understand. He stated, “Presenting a budget that is both accessible and accurate is crucial for school districts to clearly communicate and build trust with their communities.” He further noted that the MBA program equips districts with the necessary resources and tools to achieve this goal, highlighting the commitment of award recipients to maintaining high standards in budget presentation.
For those interested in exploring more about the ASBO’s MBA program or viewing the annual budget for Broward County Public Schools, additional information and resources are available at ASBO’s official website and the Broward County Public Schools’ budget resources page.
