For the 19th consecutive year, Ritenour School District has earned the prestigious Meritorious Budget Award for excellence in the preparation of its 2020-2021 annual budget.
While every school district has an annual budget to manage expenditures and revenue, the Meritorious Budget Award is only given to school districts that meet or exceed the award program criteria, after a rigorous review by professional auditors. The award is presented by the Association of School Business Officials (ASBO) International.
ASBO’s Meritorious Budget Award recognizes excellence in school budget presentation and enhances school business officials' skills in developing, analyzing and presenting a school system budget. The Meritorious Budget Award process also helps districts align their mission of serving students, strategic plans and operations as part of the budget. Last year, only seven districts from Missouri received this award.
Dwight Lindhorst, Ritenour’s chief financial officer, said that he is proud to work with a team of administrators and staff who always put students first during the budget process.
“Earning this award for nearly two decades shows that Ritenour adheres to the highest levels of best practices when putting together a budget that ties together financial, historical and overall operational information with our district’s mission and goals for students,” said Lindhorst. “We are committed to being good stewards of our taxpayers’ money as well as the funds we receive from grants and other sources that contribute to the success of our students now and upon their graduation.”
Ritenour has received the award for its annual budgets since the 2002-2003 school year.