Deerfield Township Receives Auditor of State Award with Distinction
A recent financial audit of Deerfield Township (Warren County) by Auditor of State Dave Yost’s office has returned a clean audit report. Deerfield Township’s excellent record keeping has earned it the Auditor of State Award with Distinction .
“Good finance is important to everything government does, and taxpayers expect this kind of accountability,” Auditor Yost said. “Sound budgetary decisions by the trustees depend on clean and accurate books, and I am pleased to present this award to the township.”
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: 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, and public meetings or public records.
John Wahle, fiscal officer, has served in the position for approximately five years. He said there are a number of factors that contributed to this award, and include the following: streamlining of technology in the payroll system; upgrading the township reporting process; new budgetary methodology the township has implemented; new chart of accounts; projection of future budgets; yearly audits in place of the two-year cycle; building positive relationships with supporting vendors; and building a tracking system for Ohio Revised Code issue.