Auditor Faber announces Auditor of State Award to Crawford County Land Reutilization Corporation
Auditor of State Keith Faber is pleased to announce that the Crawford County Land Reutilization Corporation received Auditor of State Awards in September of 2024 for their clean audit report. “By keeping accurate financial records, governing bodies demonstrate their commitment to efficient, effective, and transparent service,” Auditor Faber said. “This award honors public entities that have put in the hard work to keep their finances in order.”
The Auditor of State’s Office presents the awards to local governments and school districts upon the completion of a financial audit. Entities that receive the award meet the following criteria of a “clean” audit report:
- The entity must file financial reports with the Auditor of State’s Office by the statutory due date, without extension, via the Hinkle System and in accordance with GAAP (Generally Accepted Accounting Principles);
- The audit report does not contain any findings for recovery, material citations, material weakness, significant deficiencies, Uniform Guidance (Single Audit) findings or questioned costs;
- The entity’s management letter contains no comment related to:
- Ethics referrals
- Questioned costs less than the threshold per the Uniform Guidance
- Lack of timely annual financial report submission
- Bank reconciliation issues
- Failure to obtain a timely Single Audit in accordance with Uniform Guidance
- Findings for recovery less than $500
- Public meetings or public records issues
- The entity has no other financial or other concerns
THE CRAWFORD COUNTY LAND BANK - IMPROVING NEIGHBORHOODS!
The Crawford County Land Bank is acquiring blighted, vacant homes and returning those properties back to productive use and stabilizing the neighborhoods of our county.