For the seventh 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 criteria following a rigorous review by professional auditors. This year’s award is for the 2021-22 fiscal year budget.
“This award reflects your district’s commitment to sound fiscal management and budgetary policies,” said ASBO International Executive Director David Lewis.
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 2021-22 are available on the Finance Department page, along with budgets and finance documents for the previous nine years.
Earlier this year, for the 19th year in a row, the District 196 Finance Department also received ASBO’s Certificate of Excellence in Financial Reporting for the preparation and issuance of the district’s comprehensive annual financial report.