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Ohio Auditor Gives Mentor Finance Department An Award

Mentor's Finance Department received the Award of Excellence with Distinction for Financial Reporting for the seventh consecutive year

Ohio Auditor Dave Yost visited Monday to give the city's Finance Department an award.

They received the Award of Excellence with Distinction for Financial Reporting for the seventh consecutive year.

"The award only goes to entities that have a substantially clean audit," Yost said during the award presentation.

The school districts and municipalities that receive the award meet the following criteria of a clean audit report, according to the Auditor's web site:

  • The entity must file timely financial reports with the Auditor of State’s office in the form of a Comprehensive Annual Financial Report;

  • 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:
    • Ethics referrals
    • Questioned costs less than $10,000
    • Lack of timely report submission
    • Reconciliation
    • Failure to obtain a timely Single Audit
    • Findings for recovery less than $100
    • Public meetings or public records

Mentor City Manager Kenneth Filipiak said the city takes good financial management as seriously as it takes any of its responsibilities, including public safety.

"It's good financial management that allows us to be ble to provide all the other services that we have for our residents," Filipiak said.

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