Westerville City School District's Fiscal Services Office, headed by Treasurer/CFO Bart Griffith and Assistant Treasurer Laura Hendricks, has earned an Auditor of State Award with Distinction for fiscal reporting and accountability to taxpayers.
The honor is presented only to those local governments and school districts meeting the highest standards 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; and
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.
Griffith credited his staff for their outstanding efforts, saying, “This is their award.” Griffith also noted that the clean audit is a reflection of the ethical standards of district budget managers and others in the organization who are responsible for the use of district resources.
Speaking on behalf of the Audit Committee, Al Hammond, Jr., reported to the Board that the Auditor of State issued an unqualified opinion regarding the Financial Statements and Major Federal Program Compliance. There we no corrective actions required, nor were there any findings, findings for recovery, or questioned costs.
Hammond noted that the audit found no material control weaknesses reported at the financial statement level, no significant deficiencies in internal control reported at the financial statement level, no noncompliance at the financial statement level, no material internal control weaknesses reported for major federal programs, no significant deficiencies in internal control reported for the major Federal Programs, and no reportable findings.
“This was an exemplary audit,” Hammond said. “I go through a lot of audit reports throughout the state. I get a lot of these single audits to review in my position and one that’s unqualified with no material misstatements is an excellent audit...I would say in the top 5 percent within the state.”
The audit was officially released January 17, and can be viewed at the Auditor of State web site.