District 54 wins 22nd annual budget award

For the 22nd year in a row, Schaumburg Township Elementary District 54 has received a Meritorious Budget Award from the Association of School Business Officials International for its 2018-19 annual budget.

School districts submit their applications and budget documents to a panel of school financial professionals who review the materials for compliance with the Meritorious Budget Award Criteria.

Developed by ASBO for school districts, the 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 award recognized by accounting professionals; bond counsel; underwriters; securities analysts; bond rating agencies; educational, teacher and citizen groups; and federal and state agencies.