Public Affairs

Contact: Marc Kovac

press@ohioauditor.gov

Columbus – After recent financial audits by Auditor of State Keith Faber’s office, good record keeping qualified the following entities for the Auditor of State Award with Distinction:

• Butler County Transportation Improvement District (Butler County)
• Lake Metroparks (Lake County)

 “This award recognizes the hard work of fiscal offices to keep clean, accurate records,” said Auditor Faber. “Their efforts go a long way toward making Ohio more efficient, effective, and transparent.”

The Auditor’s Office presents the Auditor of State Award with Distinction 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 financial reports with the Auditor of State’s office by the statutory due date, without extension, via the Hinkle System, on a GAAP accounting basis and prepare a Comprehensive Annual Financial Report;
• The audit report does not contain any findings for recovery, material citations, material weaknesses, significant deficiencies, Uniform Guidance (Single Audit) findings or questioned costs;
• The entity’s management letter contains no comments related to:

o   Ethics referrals

o   Questioned costs less than the threshold per the Uniform Guidance

o   Lack of timely report submission

o   Bank reconciliation issues

o   Failure to obtain a timely Single Audit in accordance with Uniform Guidance

o   Findings for recovery less than $500

o   Public meetings or public records issues

• The entity has no other financial or other concerns

The full reports are available on the AOS website using Audit Search.

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The Auditor of State’s office, one of five independently elected statewide offices in Ohio is responsible for auditing more than 6,000 state and local government agencies. Under the direction of Auditor Keith Faber, the office also provides financial services to local governments, investigates and prevents fraud in public agencies, and promotes transparency in government.