Columbus – Recent financial audits of the following entities by Auditor of State Dave Yost’s office have returned clean audit reports. Their excellent record keeping has qualified them for the Auditor of State Award with Distinction.
Bedford City School District (Cuyahoga County)
Euclid City School District (Cuyahoga County)
Oak Hills Local School District (Hamilton County)
West Geauga Local School District (Geauga County)
Winton Woods City School District (Hamilton County)
“While a school district’s primary concern is its students, it must also remain accountable to taxpayers,” Auditor Yost said. “Accurate record keeping is clearly a priority for these districts, and I am proud to present them with this award.”
The Auditor of State Award with Distinction is presented to local governments and school districts upon the completion of a financial audit. Entities that receive the award meet the following criteria of a “clean” audit report:
The entity must file timely financial reports with the Auditor of State’s office in the form of a CAFR (Comprehensive Annual Financial Report);
The audit report does not contain any findings for recovery, material citations, material weaknesses, significant deficiencies, Single Audit findings or questioned costs;
The entity’s management letter contains no comments related to:
Questioned costs less than $10,000
Lack of timely report submission
Failure to obtain a timely Single Audit
Findings for recovery less than $100
Public meetings or public records
No other financial or other concerns exist that involve eligible entity.
The Auditor of State’s office, one of five independently elected statewide offices in Ohio, is responsible for auditing more than 5,900 state and local government agencies. Under the direction of Auditor Dave Yost, the office also provides financial services to local governments, investigates and prevents fraud in public agencies and promotes transparency in government.