Congratulations to PCSD for receiving the 2020–21 Meritorious Budget Award (MBA) from the Association of School Business Officials International (ASBO). This is the district’s first year receiving the award, and it is a true reflection of its 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.
Dr. Jill Gildea, Superintendent of Schools, is very proud of this accomplishment. She said, “This is a big accomplishment and national recognition of financial acumen in the Park City School District. Last year, the district earned, for the first time, the “pathway” to Meritorious Budget. This year, we have achieved the highest recognition of our transparent budget development process. This recognition acknowledges Todd Hauber and the Board of Education’s exceptional work and effort in aligning key budget priorities and available resources. It is the first time in the district’s history that we have this additional, external validation that our budget narrative is reader-friendly, prioritizes district goals, and is in alignment with external standards for excellence in budget development.”
Todd Hauber, member of ASBO for many years and Business Administrator at PCSD, has attended several seminars over the years on how to be successful in submitting an application. He applied last year for the Pathways to the MBA, which offered critical feedback, and received the Pathways Award for the FY20 budget on the first try. With this success, PCSD applied for the full award for the FY21 budget and received the MBA. He said, “The MBA provides the feedback and direction to produce a quality and user friendly budget document… The MBA has helped to refine our budget presentation and focus on presenting budget priorities to better inform our community on where the district is headed educationally. Each year the application includes feedback for improvements as well as praise for things well done.” Looking forward, Hauber says, “hopefully this feedback loop will provide a way to continue informing the community of the great things the district is doing and how it is financially responsible to make those things happen.”