October

22

TARTA Receives Auditor of State Award

Posted Oct 22nd, 2017 by Stacey Clink  Category: Community Interest, General News

 

(Toledo, Ohio) A recent financial audit of the Toledo Area Regional Transit Authority by the Auditor of State’s office has returned a clean audit report. TARTA’sexcellent record keeping has earned it the Auditor of State Award.

TARTA Comptroller Stacey Clink—director of accounting and financial reporting—stated, “I am very proud of the accomplishment and of the finance team for their hard work and dedication to achieving this level of excellence.”

The Auditor of State Award 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 accordance with GAAP (Generally Accepted Accounting Principles);
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:
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
Public meetings or public records

About TARTA
The Toledo Area Regional Transit Authority was formed in 1971 and is a political subdivision under Ohio law, similar to a park district or a school district. TARTA supplies more than 3.1 million passenger trips annually and provides interconnected, regional service to six communities in Lucas County—Toledo, Maumee, Waterville, Ottawa Hills, Sylvania, and Sylvania Township—and Rossford in Wood County. Visit TARTA.com for more information or call 419-243-RIDE.

Bookmark and Share

Stacey Clink - Toledo Area Regional Transit Authority | 1127 W Central Ave

SClink@TARTA.com | TARTA.com | 419-243-RIDE No Comments »

Leave a Reply