Once again, Grandview Heights Schools earned the Auditor of State Award for its 2018-19 financial audit.  This is the fifth year in a row that the district received this prestigious honor.

“Grandview Heights Schools has a proven and consistent record of reporting our financial information in a timely and accurate manner,” said Grandview Heights Schools Treasurer Beth Collier. “We are honored to receive this recognition from the state for our financial practices.”

The Auditor of State recognizes local governments and school districts with the Auditor of State Award upon completion of a financial audit. Those entities 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 Generally Accepted Financial Principles (GAAP);

• The audit report does not contain any findings for recovery, material citations, material weaknesses, significant deficiencies, Single Audit findings, or questioned costs; 

• The entity’s management letter contains no comments related to:

o   Ethics referrals

o   Questioned costs less than $10,000.00

o   Lack of timely report submission

o   Reconciliation

o   Failure to obtain a timely Single Audit

o   Findings for recovery less than $100.00

o   Public meetings or public records

“Beth and her staff do a great job and are to be commended for their great work. Not all school districts receive this award,”  added Superintendent Andy Culp. “Taxpayers can feel confident in knowing that the district’s finances are being managed in the most responsible manner and to the highest state standards.”