Amanda-Clearcreek Local School District Receives Auditor of State Award
A recent financial audit on Amanda-Clearcreek Local Schools by the Auditor of State’s office has returned a clean audit report. Amanda-Clearcreek’s excellent record keeping has earned it the Auditor of State Award.
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 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
• Public meetings/records
• Failure to obtain a timely Single Audit
• Findings for recovery less than $100
In a letter to Treasurer Jill Bradford, State Auditor Dave Yost wrote “Clean and accurate record-keeping are the foundation for a good government, and the taxpayers can take pride in your commitment to accountability.
Our Treasurer’s Office works with District Administration, Staff and the Board of Education to provide sound resource management and financial leadership for Amanda-Clearcreek Schools.
The Treasurer's Office is responsible for all fiscal operations for the district including but not limited to: payroll and benefits, accounts payable and receivable, banking, investments, budgeting, forecasting, tax receipts, bond issues, financial reports, financial policy development and Board minutes. Many of the duties and responsibilities of the Treasurer are outlined in various sections of the Ohio Revised Code.
The Treasurer of an Ohio school district must hold appropriate certification to serve as the Chief Financial Officer and reports directly to the Board of Education. The Treasurer and Superintendent are the only two district employees who report directly to the Board of Education.
The Treasurer also serves as the Secretary to the Board of Education. In this role, all contracts, documents, and the official minutes (including audio recordings) of all Board meetings are kept as official records. Board meeting audio recordings are public records and are available for review by any citizen during business hours. Board minutes are public record and are available for review online.
Monthly Treasurer's Report
Five-Year Forecast Information:
• What is a Five-Year Forecast?
• How to Read a Five Year Forecast Tips and Explanations on Understanding a
School District's Forecast from the Ohio Department of Education
• Ohio Schools Five Year Forecasts - Ohio Department of Education
• Amanda-Clearcreek LSD - May 2018 Five Year Forecast
• 2014 Audit Report
• 2015 Audit Report
• 2016 Audit Report
District Financials as of June 30, 2018