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RED OAK – Red Oak ISD has earned the highest form of recognition in the area of budget development and presentation. The Association of School Business Officials International recognized the district for excellence in budget presentation with the Meritorious Budget Award for the 2021–2022 budget year.
The award was judged by an impartial panel to meet the high standards of the program, including demonstration of financial transparency and clear communication.
In 2020-21, only 19 Texas districts/entities received the MBA designation with most school districts well over 30,000 in student population including Arlington, Austin, Houston, and Mansfield.
This is the second year that Red Oak ISD submitted and received this award. Red Oak ISD is by far the smallest school district in Texas to receive this prestigious award.
“The preparation of the Meritorious Budget Award document brings together many budget development components to the forefront,” stated Dr. Bill Johnston, ROISD CFO/Assistant Superintendent of Business Services.
“It forces you to delve deeper into each component, including different revenue sources and expenditure areas, to create a clear view of the entire budget.
“The final result is one document that is easy to access and demonstrates transparency of district operations to all stakeholders to create a better understanding of the budget process as a whole. It is a reflection of the district’s commitment to financial integrity and responsible stewardship of taxpayers’ dollars.”
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.
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