Lake Washington School District Budget Earns Meritorious Budget Award for Sixth-Straight Year
Award reflects District’s goal of fiscal responsibility
Redmond, Wash. – Lake Washington School District’s (LWSD’s) 2022-23 Budget has earned the Association of School Business Officials International (ASBO) Meritorious Budget Award (MBA). This award promotes and recognizes excellence in budget presentation in school districts. LWSD has received this award six years in a row. LWSD is the only district in the state of Washington to receive this award.
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.
"This award recognizes our sustained commitment to fiscal stewardship" stated Dr. Jon Holmen, Superintendent. “We’re proud to receive this award for a sixth year as we continue to focus on effective ways to communicate with our community. Our goal is to ensure that a complex budget process is transparent and accessible for our community.”
“Lake Washington School District is committed to ensuring that we are good stewards of public resources,” said Barbara Posthumus, Associate Superintendent of Business and Support Service. “This budget document helps us to be transparent to our community about how we use their tax dollars. It is important for our public to see how their resources are being used to support students.”
“The Lake Washington School District Board of Directors is proud of earning this accomplishment for the sixth year in a row,” said LWSD Board President Siri Bliesner. “The work done by LWSD to develop an accessible budget document is very important to bringing transparency around the use of tax dollars to our community.”
“ASBO International’s MBA program provides school districts with tools and resources to develop a high-quality, easy-to-understand budget to share the district’s goals and objectives internally and with the community,” ASBO International Executive Director David J. Lewis explains. “By participating in the programs, districts demonstrate their commitment to upholding nationally recognized budget presentation standards.”
You can view the 2022-23 budget on the LWSD website.
For more information about the Meritorious Budget Award or Pathway to the MBA, visit asbointl.org/MBA.
About Lake Washington: Lake Washington School District is a high-performing public school district serving Kirkland, Redmond, and Sammamish, Washington. It is the second-largest district in the state of Washington, with over 30,000 students in 57 schools.