Metro Schools Budget Book wins sixth consecutive national award

Cementing the Metro Schools budget and finance team as one of the best in the business, Metro Schools has once again won the Meritorious Budget Award for excellence in budget presentation from the Association of School Business Officials (ASBO). This is the district’s sixth straight win for this award.

The Meritorious Budget Awards (MBA) program promotes and recognizes excellence in school budget presentation and enhances school business officials’ skills in developing, analyzing, and presenting a school system budget. After a rigorous review by professional auditors, the award is conferred only on school districts that have met or exceeded the program’s stringent criteria.

“School budgets are vast and complicated, but ultimately it is taxpayer money, and they deserve to know how their money is spent,” said Chris Henson, Metro Schools’ chief financial officer. “Our team works hard to ensure our budgets are transparent and easy to understand. That’s not always an easy task, but it is worth the effort.”

The 2014-15 Budget Book is available on MNPS.org along with the five previous award-winning budget books. It includes an in-depth look at all of the district’s finances including local funding, state funding and federal funding. It also includes deep dives into individual school budgets, a feature that will grow even richer in the next budget book as all Metro schools take control of their finances through the student-based budgeting model.

The 2015-16 budget process is underway now. The first draft of the operating budget includes increases for English Learners, wrap-around service for families and literacy, as well as extra pay for teachers who take on leadership roles. Important documents, dates and explanations of where the money will go can be found on MNPS.org.

Posted on March 25, 2015, in District, News and tagged , , , . Bookmark the permalink. Leave a comment.

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