Ironton, Symmes Valley schools receive Auditor of State Award

Published 9:51 am Wednesday, April 8, 2015

The Ironton and Symmes Valley local schools were recipients of the Auditor of the State Award this year joining Dawson-Bryant and Fairland as school districts in Lawrence County to receive the honor.

Both of these districts filed timely financial reports with the Auditor of State’s office in accordance with the Generally Accepted Accounting Principles (GAAP) and had clean audit reports with no findings for recovery, material citations, material weakness, significant deficiencies, single audit findings or questioned costs. The entity’s management letter also can’t contain 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. If all of these requirements are met, and no other financial concerns exist, the audit is considered to be clean.

“I feel like we do a pretty good job as stewards of the taxpayers,” Jack Webb, Symmes Valley treasurer, said. “I also have two unbelievably talented staffers in Jamie Colegrove and Holly Lambert that help out tremendously.”

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Ironton treasurer Patty Wade said everyone plays a role in receiving this honor.

“Everyone in the district is involved in some way and that means a lot,” she said. “We have a great group of people to work with and it is a total team effort.”