For the 26th year in a row, School District 54 has received a Meritorious Budget Award from the Association of School Business Officials (ASBO) International for its 2023-24 annual budget. This award reflects District 54’s commitment to sound fiscal management and budgetary policies.
School districts submit their applications and budget documents to a panel of school financial professionals who review the materials for compliance with the Meritorious Budget Award Program criteria. The Meritorious Budget Award is conferred only to school systems that have met or exceeded the criteria. Developed by ASBO for school districts, the criteria guide school business officials toward a quality school budget presentation by enhancing the school business officials’ skills in developing, analyzing and presenting a school system budget.
Since its inception, the program has gained the distinction of being a prestigious award recognized by accounting professionals; bond counsel; underwriters; securities analysts; bond rating agencies; educational, teacher and citizen groups; and federal and state agencies.