The City of Bellefontaine has been awarded the Ohio Auditor of State Award for the years 2011, 2104, 2015, 2016 and 2017.
The Ohio Auditor of State Award is presented to local governments and school districts upon 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 findings for recovery, material citations, material weaknesses, significant deficiencies, Single Audit findings or questioned costs;
The entitiy's management letter contains no comments related to:
Ethics referrals
Questioned costs less than #10,000
Lack of timely reporting submission
Reconciliation
Failure to obtain a timely Single Audit
Findings for recovery less than $100
Public meetings of public records
No other financial of other concerns exist that involve eligible entity.