Taylor Recognizes Sandusky City Schools for Excellent Financial Accountability

Tuesday, October 30, 2007

Erie County -

State Auditor Mary Taylor’s office presented Sandusky City Schools with the “Making Your Tax Dollars Count” award for the city’s fiscal year 2005 audit.  Fewer than five percent of all Ohio government agencies are eligible for this award.

“I am proud to recognize Sandusky City Schools for their commitment to financially sound accounting practices.  I commend them for receiving this honor and encourage them to continue maintaining these high standards of financial accountability,” 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).