RACINE — The Southern Local School District, where Roy Johnson is treasurer, is the recipient of an Auditor of State Award in recognition of a clean audit report for fiscal year 2013.
The Auditor of State Award is presented to local governments and school districts upon the completion of a financial audit. Entities that receive the award must meet the criteria of a “clean” audit report on the finances of their respective districts.
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 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.
Johnson said it takes much more than just him to make the award possible.
“It is a team award,” he said, noting the efforts of those in federal programs, EMIS, Assistant Treasurer Christi Hendrix, and all parts of the school administration.
Johnson added that he believes this is the first time the district has received the award.
“The first year I came in, five people had set in this seat the year before,” he said. “We got things settled down.”
Johnson also noted the use of technology and automation to help not only the treasurer’s office, but the employees of the district. He hopes this is the first of many more to come as the district is developing patterns and getting all parts on board.
“This shows transparency to the community and responsibility with the taxpayer’s money,” added Johnson.
The audit does not only look at financial reports, but also data collection, attendance and student activity funds. One of the only things not looked at in the audit is the booster clubs as they are separate entities.
In addition to Southern Local, award recipients announced this week were: Arcadia Local School District (Hancock County) for both 2012 and 2013; Bucyrus City School District (Crawford County); Heir Force Community School (Allen County); Lakewood City Academy (Cuyahoga County); London Metropolitan Housing Suthority (Madison County); Stambaugh Charter Academy (Mahoning County); Vinton Metropolitan Housing Authority (Vinton County); and Waverly City School District (Pike County).
Eastern Local School District and Meigs Local School District each received the award earlier this year.
The Auditor of State’s office, one of five independently elected statewide offices in Ohio, is responsible for auditing more than 5,800 state and local government agencies. Under the direction of Yost, the office also provides financial services to local governments, investigates and prevents fraud in public agencies, and promotes transparency in government.