Keith Faber, Ohio's State Auditor, has recognized several government entities and school districts for their exemplary financial practices with the Auditor of State Award, dedicated to those maintaining pristine accounting and reporting standards. According to a press release, the litany of recipients in December consists of Ashtabula County Technical and Career Center, City of St. Marys, City of Martins Ferry, and many others—each meriting the award for clean audit reports signaling a commitment to efficiency and transparency.
These audits are no small feat, they embody a laundry list of stringent criteria that these entities must meet, including on-time financial report submission, no findings for recovery or material citations, and a complete absence of public records issues, to name just a few. Yet, these bodies have managed to ensure that their financial reports comply with GAAP and that the audit report is devoid of any significant deficiencies or Uniform Guidance findings, which is sure to prompt a nod of approval from anyone who's ever attempted to balance a checkbook, let alone municipal finances.
"By keeping accurate financial records, governing bodies demonstrate their commitment to efficient, effective, and transparent service," Auditor Faber said, as reported by the Ohio Auditor of State Keith Faber's office. This accolade celebrates the hard-earned results of public entities that maintain fiscal order and, by proxy, the trust of their constituents. Full reports, for those inclined toward the financial fine print, are accessible online, providing an extra layer of accountability and community scrutiny.
