XCS receives prestigious audit award


By Scott Halasz - shalasz@aimmediamidwest.com



Submitted photo Xenia Community School District Treasurer Eric Soltis receives the Auditor of State Award with Distinction from Joe Braden.


XENIA — The Xenia Community School District has received the Auditor of State Award with Distinction for its financial record-keeping in 2016.

While it previously received the Auditor of State Award for 2015, it’s the first time the honor comes “with distinction.” Receiving a clean audit report and filing a Comprehensive Annual Financial Report trigger the award with distinction.

“One thing is that obviously this is a very great and distinct award, but … there are a lot of folks that really go into the effort behind accomplishing something like this,” XCS Treasurer Eric Soltis said. “I’d like to thank a lot of the team members that are really involved within making that happen as well because it truly is a team effort.”

The Auditor of State’s Office audits nearly 6,000 entities and less than 5 percent are even eligible for the award, according to Joe Braden, Western Regional liaison for the auditor’s office.

“It’s important to note that this puts Xenia Community School District in a very unique group,” he said. “This award represents not only the community, but also represents all the school workers throughout the year that have done everything to make this happen. I especially want to recognize the board members and all that they’ve done in accounting for the finances for the district. And I especially want to recognize Eric Soltis for his commitment to financial integrity.”

In addition to the CAFR, the other criteria of a clean audit report include: no findings for recovery, material citations, material weaknesses, significant deficiencies, single audit findings or questioned costs; and 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, and public meetings or public records.

In addition to the award, the district received recognition from the the Ohio Senate.

Submitted photo Xenia Community School District Treasurer Eric Soltis receives the Auditor of State Award with Distinction from Joe Braden.
http://www.xeniagazette.com/wp-content/uploads/sites/32/2017/07/web1_Photo-Jul-24-8-05-38-AM.jpgSubmitted photo Xenia Community School District Treasurer Eric Soltis receives the Auditor of State Award with Distinction from Joe Braden.

By Scott Halasz

shalasz@aimmediamidwest.com

Contact Scott Halasz at 937-502-4507.

Contact Scott Halasz at 937-502-4507.

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