General Info
Home
Welcome
County History
Pts of Intrest
Weather
Phone book
On-Line Auction
Other Links
Property Maps
Departments
Archives
Auditor
Auglaize Acres
Brd of Education
Brd. of Elections
Brd. of M.R.D.D
Child Support
Commissioners
Common Pleas
Clerk of Courts
Coronor
Development
Dog Warden
Domestic Court
EMA
Engineer
Fairgrounds
Health Dept.
Jobs & Family
Juvenile Court
Personnel
Municipal Court
Neil Armstrong Airport
One Stop
O.S.U Extension
Probate Court
Prosecuting Attorney
Public Defender
Rec & Parks
Recorder
Regional Plan
Sanitary Eng.
Sheriff
Soil & Water Cons.
Solid Waste & Recy.
Tax Map / GIS
Title Dept.
Treasurer
Veteran Serv.
Victim Assis.
Useful Tools
Disclaimer
|
The Official
Duties of the Auditor
|
|
FINANCIAL REPORTING · Prepare Annual Financial Report of County - §319.11 · Advertise Annual Financial Report of County - §319.11 · Report Financial Condition of Certain Independent County Agencies - §319.11 · Assist in Preparation of Annual Financial Reports - Subdivisions - §117.38 (Inferred) · Prepare Semi-Annual Report of Sinking Fund Balances - §327.03 · Prepare Monthly Financial Statements - §319.15 The Auditor, as Chief Fiscal Officer of the County, is responsible for the reporting of the County’s financial position, both monthly and annually. He must balance every month with the Treasurer and at year end. In his capacity as Chief Fiscal Officer of various independent Boards and Commissions in the County, he must perform the same reporting functions. For the County, the Auditor must prepare the Annual Financial Report in accordance with Generally Accepted Accounting Principles (GAAP). As county finances are maintained under the "Cash Basis", the records must be converted to the "Accrual Basis" before the report can be prepared. This entails preparing schedules of accruals, both payable & receivable, classifying receipts and expenditures in the appropriate categories, and consolidating the accounts of several distinct Funds into the appropriate Fund Groups. The Auditor must also determine which independent county agencies should be included and which excluded, from the County’s report. In addition, the Auditor may prepare a Comprehensive Annual Financial Report (CAFR) that must comply with certain standards established by the Government Finance Officers Association (GFOA). The several local taxing authorities of the County (schools, townships, municipalities, et cetera) must also prepare annual financial reports. For those that are required to prepare their reports in accordance with GAAP the Auditor must provide certain statistical and valuation information to them. The Auditor must also prepare some of the same information for the County Report. This information includes the top taxpayers, ten years of historical information on property values, tax rates, special assessments, and debt related schedules and computations. Once the Annual Financial Report is completed, the Auditor must publish it in a newspaper of general paid circulation in the County. The requirements for publishing are set by statute and by rules promulgated by the Auditor of State. Copies of the Annual Financial Report, as well as the monthly financial statements, must be made available for public inspection in the Auditor’s Office. The Semi-Annual Report of Sinking Fund Balances is a statement of the condition of funds of the Sinking Fund necessary for the retirement of all bonded debt incurred by the County. This semi-annual report is prepared at the conclusion of each of the semiannual settlements of taxes and assessments. The report reflects the amount in the County Treasury to the credit of the Sinking Fund.
|