Financial health indicators for schools

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.

Auditor of State encourages board approval of employee pay decisions during pandemic

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.