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Performance Audit of Conotton Valley Union Local School District Identifies $275,000 in Potential Savings

Tuesday, March 18, 2014

Columbus – A review of Conotton Valley Union Local School District identified $275,490 in potential savings, according to a performance audit released today by Auditor of State Dave Yost.

“These are never easy decisions,” Auditor Yost said.  “But, I am pleased the board of education has already begun to take the steps necessary to bring Conotton Valley back to fiscal health.”

The audit recommends that the district eliminate five teaching positions, saving $209,890 annually while keeping the district 20 percent above the state minimum staffing ratio. Additionally, the audit recommends increasing employee contributions for health care costs to the state average, saving $37,600 annually.  

This performance audit was requested by the Ohio Department of Education after operating deficits were projected in the district’s October 2013 five-year forecast. The projection showed a cumulative deficit of $613,948 by FY 2017-18.

A full copy of this performance audit may be accessed online.

 

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The Auditor of State’s office, one of five independently elected statewide offices in Ohio, is responsible for auditing more than 5,800 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.

Contact:
Carrie Bartunek
Press Secretary
614-644-1111