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Statement from Auditor Yost on Release of Central State University From Fiscal Watch
Columbus – Auditor of State Dave Yost today issued the following statement regarding the release of Central State University (Greene County) from fiscal watch by the Ohio Department of Higher Education.
“The most effective leaders are those who can recognize weaknesses and turn them into strengths,” Auditor Yost said. “The administrators at Central State immediately got to work finding remedies for their university’s financial shortcomings, and I congratulate them on their success.”
The Auditor of State’s office notified the Department of Higher Education in March that the university implemented, or is in the process of implementing, an effective financial accounting and reporting system.
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.