LPS Finance Department Receives Meritorious Budget Award

The Association of School Business Officials International (ASBO) recently recognized Littleton Public Schools Finance Department for excellence in budget presentation with the Meritorious Budget Award (MBA) for the 2019–2020 budget year. LPS has been participating in the MBA program for 19 years – and has been awarded the MBA all 19 years – reflecting the district’s commitment to fiscal integrity.

ASBO International’s MBA and Pathway to the MBA promote and recognize best budget presentation practices in school districts. Participants submit their applications and budget documents to a panel of school financial professionals who review the materials for compliance with the MBA Criteria Checklist and other requirements and provide expert feedback that districts can use to improve their budget documents.

Districts that successfully demonstrate they have met the necessary program requirements may earn either the MBA or Pathway to the MBA, an introductory program that allows districts to ease into full MBA compliance.

“Districts that apply to the MBA or Pathway to the MBA programs recognize the importance of presenting a quality, easy-to-understand budget internally and to the community,” ASBO International Executive Director David J. Lewis explains. “Participating in the MBA and Pathway programs provides districts with important tools and resources they need to communicate the district’s goals and objectives clearly and illustrates their commitment to adhering to nationally recognized budget presentation standards.”

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