ROSEMOUNT, Minn. – For the fourth year in a row, the District 196 Finance Department has received the Meritorious Budget Award (MBA) from the Association of School Business Officials (ASBO) International.
The MBA program promotes and recognizes excellence in school budget presentation. The award is conferred only on school districts that have met or exceeded the program’s stringent criteria, following a rigorous review by professional auditors. This year’s award is for the 2018-19 budget year.
“This award reflects your district’s commitment to sound fiscal management and budgetary policies,” said ASBO International Executive Director David Lewis. “Awarded budget documents are accurate, easy to read and communicate the district’s goals and objectives.”
District 196 Director of Finance and Operations Mark Stotts credits the entire Finance Department staff for the work they did to earn this prestigious recognition.
The preliminary and final budgets for 2018-19 are available on the Finance Department page of the District 196 website, along with budgets and finance documents for the previous 10 years.
The District 196 Finance Department has also received ASBO’s Certificate of Excellence in Financial Reporting for 16 years in a row for the preparation and issuance of the district’s comprehensive annual financial report.