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posted: 5/16/2012 2:48 PM

District 54 receives Meritorious Budget Award

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Submitted by District 54

For the 14th year in a row, School District 54 has received a Meritorious Budget Award from the Association of School Business Officials International for its 2011-12 annual budget.

ASBO International designed the Meritorious Budget Awards Program to enable school business administrators to achieve a standard of excellence in budget presentation. The program helps school systems build a solid foundation in the skills of developing, analyzing and presenting a budget.

The Meritorious Budget Award is conferred only to school systems that have met or exceeded the Meritorious Budget Award Program criteria. Developed by ASBO for school districts, the MBA criteria guide school business officials toward a quality school budget presentation by enhancing the school business officials' skills in developing, analyzing, and presenting a school system budget.

Since its inception, the program has gained the distinction of being a prestigious national award recognized by accounting professionals; bond counsel; underwriters; securities analysts; bond rating agencies; educational, teacher and citizen groups; and federal and state agencies.

The Association of School Business Officials International, founded in 1910, is a professional association of more than 5,000 members that provides programs and services to promote the highest standards of school business management practices, professional growth, and the effective use of educational resources.

For information call Ric King, District 54's assistant superintendent of business services, at (847) 357-5039.