The State Auditor’s Office announced Thursday afternoon that Kent is one of 5 cities that qualified for the Auditor of State Award with Distinction.
That recognition is a credit to everyone on the City staff for their diligence in following the rules, and to the leadership of the Finance Department in making sure we’re operating in accordance with best practices.
With the public trust invested in the City to manage public funds properly, this is a great way to show we’re living up to that trust. It takes so little for mistakes to happen, even honest ones, that we take great pride in making the State’s list for distinction.
My thanks to everyone that earned Kent this recognition.
Auditor of State Press Release
For Immediate Release:
For Immediate Release:
July 26, 2018
Five Cities, One Transit Authority
Qualify for Auditor of State Award with Distinction
Columbus – Recent financial audits of the following entities by Auditor of State Dave Yost’s office have returned clean audit reports. Their excellent record keeping has qualified them for the Auditor of State Award with Distinction.
· Central Ohio Transit Authority (Franklin County)
· City of Clayton (Montgomery County)
· City of Fairborn (Greene County)
· City of Huber Heights (Montgomery County)
· City of Kent (Portage County)
· City of Lebanon (Warren County)
“Clean financial books are vital to accountability in government,” Auditor Yost said. “These governments are clearly committed to maintaining accurate records, and I am proud to present them with this award.”
The Auditor of State Award with Distinction is presented 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 timely financial reports with the Auditor of State’s office in the form of a CAFR (Comprehensive Annual Financial Report);
• 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:
o Ethics referrals
o Questioned costs less than $10,000
o Lack of timely report submission
o Failure to obtain a timely Single Audit
o Findings for recovery less than $100
o Public meetings or public records
• No other financial or other concerns exist that involve eligible entity.
The Auditor of State’s office, one of five independently elected statewide offices in Ohio, is responsible for auditing more than 5,900 state and local government agencies. Under the direction of Auditor Dave Yost, the office also provides financial services to local governments, investigates and prevents fraud in public agencies and promotes transparency in government.