COLUMBUS – A recent financial audit of the Tri-Cities North Regional Wastewater Authority (TCA) by Auditor of State Dave Yost’s office has returned a clean audit report.
Tri Cities was formed in 1996 by the cities of Vandalia, Huber Heights, and Tipp City. TCA’s wastewater treatment plant utilizes physical, biological and chemical processes to treat wastewater collected from those cities.
The authority’s excellent record keeping has qualified it for the Auditor of State Award with Distinction.
“Good finance is important to everything government does,” Auditor Yost said. “Sound budgetary decisions depend on clean and accurate books.”
The Auditor of State Award with Distinction is presented 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 timely financial reports with the Auditor of State’s office in the form of a CAFR (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:
o Ethics referrals
o Questioned costs less than $10,000
o Lack of timely report submission
o Failure to obtain a timely Single Audit
o Findings for recovery less than $100
o Public meetings or public records
• No other financial or other concerns exist that involve eligible entity.
A full copy of each report is available online.
The Award with Distinction will be presented to Tri Cities at its regularly scheduled meeting on November 19.