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Taylor Recognizes the City of Northwood for Excellent Financial Accountability

Thursday, September 20, 2007

Wood County -

State Auditor Mary Taylor’s office presented the City of Northwood with the “Making Your Tax Dollars Count” award for the city’s fiscal year 2006 audit.  Fewer than five percent of all Ohio government agencies are eligible for this award.

“I commend the City of Northwood for their commitment to fiscal accountability.  Congratulations for your hard work and for being trustworthy stewards of taxpayer dollars.  Keep up the good work,” said Taylor.

Certain criteria must be met to receive the “Making Your Tax Dollars Count” award.  Standards include:

• The entity must complete and submit a Comprehensive Annual Financial Report (CAFR).
• There must be no findings, or issues, present in their most recent audit report.
• There must be no other financial concerns involving the entity.

The Ohio Auditor of State’s Office is one of the largest accounting offices in the nation.  The office strives to ensure that all public funds are spent legally and appropriately and works aggressively to root out fraud, waste and abuse in public spending. Taylor encourages anyone suspecting fraud or misspending of public dollars to contact her office toll free at 1-866-FRAUD-OH (1-866-372-8364).

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A PHOTOGRAPH OF THE AWARD PRESENTATION IS AVAILABLE UPON REQUEST