Auditor of State Award to Local Schools

posted by Kevin Coleman -

Auditor of State Dave Yost announced entities that received the Auditor of State Award for their clean audit reports.  In our region, they include the following school districts:

•          Chillicothe City School District (Ross County)

•          Hillsboro City School District (Highland County)

•          Vinton County Local School District

•          Amanda-Clearcreek Local School District (Fairfield County)

•          Blanchester Local School District (Clinton County)

The award is presented to local governments and school districts upon the completion of a clean financial audit, which includes:  

•          The entity must file timely financial reports with the Auditor of State’s office in accordance with GAAP (Generally Accepted Accounting Principles);

•          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:

•          Ethics referrals

•          Questioned costs less than $10,000

•          Lack of timely report submission

•          Reconciliation

•          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.

A full copy of each report is available online at www.ohioauditor.gov.  

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