Blogs

Starting this month, Auditor of State (AOS) Keith Faber’s office will be issuing financial health indicator (FHI) reports for school districts. This AOS program to identify and monitor signs of financial stress in public agencies began nine years ago with cities and counties and is now expanding to include school districts.

AOS has explained that FHIs provide early warning signs of financial distress, allowing public agencies to address issues before they develop into major problems. Each district’s FHI report will use the traffic light system to highlight where they fall in 16…

Here at the OSBA legal division, we've gotten some recent questions about required training on fraud reporting. The training requirement became effective this year and, for school district officials and employees, the deadline for training is Nov. 29, 2024. Let's dig a little deeper! 

In an amendment effective earlier this year, Ohio Revised Code (RC…

Yesterday, the Auditor of State (AOS) issued Bulletin 2023-004, providing guidance for school districts related to a new law requiring cash payment options at school events.  

The law, Ohio…

Earlier this week, the Ohio Auditor of State (AOS) released an FAQ document on levy activity by public officials and employees. The document has both best practices recommendations and frequently asked questions (…

Earlier this week, the Auditor of State (AOS) issued a bulletin about auditing schools for compliance with the College Credit Plus (CCP) program. Effective with audits for the 2022-23 school year, AOS is requiring auditors to test schools for compliance with the CCP requirements in Ohio Revised Code (RC)…

At a recent telephone meeting with Ohio school district treasurers, Auditor of State (AOS) Keith Faber took questions about school district finances and audits as affected by the COVID-19 school building closures. AOS Faber answered a wide range of questions and provided valuable insight for school board members and district treasurers.

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Today, the Ohio Auditor of State’s office issued a special report…