Auditor of State Presents Highest Financial Reporting Award to City of Beavercreek
At the City Council meeting of October 13, 2014, Mayor Brian Jarvis accepted the Ohio Auditor of State Award with Distinction for the City’s Comprehensive Annual Financial Report (CAFR), fiscal year ending 2013. The Auditor of State expressed that this award is presented for exemplary financial reporting in accordance with Generally Accepted Accounting Principles (GAAP). He went on to state, “The citizens you represent are well serviced by your effective and accountable financial practices.” The Auditor of State is responsible for over 5,800 entities with less than 10% receiving the Auditor of State Award, and of those, only 5% receive the award with “Distinction”. He pointed out that receiving the Award with Distinction in three of the last four years is a prestigious achievement.