The City of Beavercreek was presented the “Ohio Auditor of State Award with Distinction” for the city’s Comprehensive Annual Financial Report (CAFR), fiscal year ending 2021. This is the eleventh consecutive year the city has received this achievement.
Ohio State Auditor, Keith Faber, presented the award to Beavercreek’s Financial Administrative Services Director, Bill Kucera, and Assistant Finance Director, Theresa Hathaway, along with Mayor Bob Stone and City Manager Pete Landrum on Thursday, July 7, 2022.
The state auditor’s office audits nearly 6,000 entities each year and only 3 percent are eligible for this award. In order to be eligible, the city must have a clean report, with no significant deficiencies or findings, no material citations or weaknesses, no single audit findings (grant reporting), and no questionable costs.
“I am very proud of all of our City of Beavercreek employees who work hard to be good stewards of taxpayer dollars,” said Landrum. “This award confirms the city’s commitment to transparency and the finance department’s excellence in accounting for every city dollar.”
This distinction demonstrates the city’s diligence in maintaining outstanding stewardship of residents’ taxes and its continual goal in reporting these results according to the highest government accounting standards now and in the future.