WESTLAKE ACADEMY AWARDED FOR BUDGET EXCELLENCE
The Association of School Business Officials International (ASBO) has awarded Westlake Academy its Meritorious Budget Award (MBA) for excellence in budget presentation. The award is given only to school districts that have met or exceeded the Meritorious Budget Award criteria.
To earn this award, the school district submitted its 2014–2015 budget for review. Developed by ASBO for school districts, the MBA criteria guides school business officials toward a quality school budget presentation by enhancing the skills in developing, analyzing, and presenting a school system budget.
Comments from an ASBO summary stated Westlake’s 2014-2015 budget document “contains excellent spreadsheets, charts and graphs to help the reader fully grasp the data presented. The document provides excellent information to allow the non-financial reader to understand the budgeting process used by the District. The budget includes detailed information about the various funds, the sources of the revenue and the categories of expenditures. This award demonstrates the Districts hard work and commitment to fiscal transparency. The District is to be complemented for it efforts.”
ASBO International, founded in 1910, is a professional organization of 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 education resources. More information about the MBA award can be found at www.asbointl.org/MBA. This is the 10th year the MBA program has been sponsored by Voya Financial, a leading provider of financial products and services, both at the workplace and through an expansive distribution network of financial professionals.