A recent financial audit of the Sycamore Community City School District by Auditor of State Dave Yost’s office has returned a clean audit report. The district’s excellent record keeping has qualified it for the Auditor of State Award with Distinction.
“Good finance is important to everything government does,” Auditor Yost said. “Sound budgetary decisions depend on clean and accurate books.”
The Auditor of State Award with Distinction 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 the form of a CAFR (Comprehensive Annual Financial Report);