According to the Red Oak, Texas, News, the Red Oak Independent School District (ISD) has been honored with the highest award that can be given for developing and presenting budgets.
The Meritorious Budget Award (MBA) was presented to the district by the Association of School Business Officials International (ASBO) for the school year 2022–2023.
A third party came to the conclusion that the applicant deserved to win the award because they had demonstrated that they could be trusted with money and had good communication skills. Only 22 of the public school districts in Texas, including Arlington, Dallas, Houston, and Mansfield, have been designated as MBA schools for the 2022–2023 school year.
What is the name of the award that Red Oak ISD has won for the past three years?
The Red Oak Independent School District has won this award for the past three years in a row. The Red Oak Independent School District is, by a significant margin, the smallest school district in Texas to receive this honor.
According to Dr. Bill Johnston, the Chief Financial Officer and Assistant Superintendent of Business Services for ROISD, “the preparation of the meritorious budget award document brings together a lot of different aspects of budget development.”
To phrase it another way, “the end result is a single document that shows all stakeholders how open district operations are and is easy to find.” People are able to better comprehend the budgeting process as a whole as a result of this.
It demonstrates how seriously the district takes its obligation to be fiscally responsible and how highly it regards the confidence placed in it by its residents.
The MBA and Pathway to the MBA programs offered by ASBO International encourage school districts to adopt and be recognized for their excellent budget presentation practices.
In addition, these programs teach participants how to achieve an MBA. Participants will submit their applications and budget documents to a group of education finance professionals who will review them.
ASBO International’s MBA Program Helps School Districts Improve Their Budgeting
These professionals investigate the materials to determine whether or not they adhere to the MBA criteria checklist as well as any other prerequisites. In addition, they give feedback to districts that the districts can use to improve the budget documents they make.
If a district can show that it has met all of the requirements for the MBA program, it can get either the MBA or the Pathway to the MBA certification, which is more gradual.
According to David J. Lewis, the executive director of ASBO International, “ASBO International’s MBA program gives school districts the tools and resources they need to make a high-quality, easy-to-understand budget that shows the goals and objectives of the district to both the district’s employees and the community.
ASBO International’s MBA program gives school districts the tools and resources they need to make a budget that shows the goals and objectives of the district to both the district’s employees and the districts demonstrate their “commitment to upholding nationally recognized standards for budget presentation” by participating in the programs and thereby earning the right to use the phrase.
Voya Financial®, which is an ASBO International Strategic Partner, provides support for both the MBA program and the Pathway to the MBA program. Visit asbointl.org/MBA to acquire additional information concerning the program.
The information you need to know about ASBO International
Since its founding in 1910, the Association of School Business Officials International (ASBO) has grown to become a global organization that gives a voice to 30,000 individuals working in the field of school business administration.
The Association of School Business Officials International (ASBO International) is a global organization with the mission of enhancing school administration in all of the countries in which it operates.
Its members assist students in succeeding academically by making the most efficient use of available resources in fields such as administration, catering, and transportation. Visit the ASBO International website to acquire further information.