CBE Recognized for Sound Financial Practices with Meritorious Budget Award

Jan. 09, 2018


Chief Superintendent Stevenson, Chair Hurdman, and Superintendent Grundy pose with members of the CBE’s finance team.

 

The Board of Trustees was presented with the Meritorious Budget Award (MBA) today for excellence in the preparation and issuance of the 2017-18 Working Together for Student Success budget. It is the second year in a row the CBE has received the award.

Chief Superintendent David Stevenson presented the award to the Board, saying the MBA acknowledges the CBE’s commitment to openness, transparency and accountability in our communication with the public.

The MBA 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. The CBE is one of only a few school districts in Canada to achieve the MBA this year.

The MBA states in its award summary:

“The 2017-18 budget report is an excellent document, which includes a wealth of information in graphic and narrative form. The document is user-friendly for the average taxpayer with lots of data presented in different forms to meet the needs of varied users. Many components are suitable, stand-alone documents. The District is to be congratulated for their budget submission to the Meritorious Budget Award.”

The MBA was awarded from the Association of School Business Officials International (ASBO), a professional organization that provides programs and services to promote the highest standards of school business management practices, professional growth, and the effective use of education resources.