Taylor Recognizes City of Conneaut for Excellent Financial Accountability

Thursday, November 8, 2007

Conneaut -

State Auditor Mary Taylor’s office presented the city of Conneaut with the “Making Your Tax Dollars Count” award for the city’s fiscal year 2005 and 2006 audits.  Fewer than five percent of all Ohio government agencies are eligible for this award.

“I am proud to recognize the city of Conneaut for their commitment to fiscal accountability.  I commend them for receiving this honor and encourage them to continue making financial accountability a high priority,” said Taylor.

Certain criteria must be met to receive the “Making Your Tax Dollars Count” award.  Standards include:

• The entity must complete and submit a Comprehensive Annual Financial Review (CAFR).
• There must be no findings, or issues, present in their most recent audit report.
• There must be no other financial concerns involving the entity.

John Williams, Conneaut Finance Director, accepted the award on behalf of the city.

The Ohio Auditor of State’s Office is one of the largest accounting offices in the nation.  The office strives to ensure that all public funds are spent legally and appropriately and works aggressively to root out fraud, waste and abuse in public spending. Taylor encourages anyone suspecting fraud or misspending of public dollars to contact her office toll free at 1-866-FRAUD-OH (1-866-372-8364).