Laketran was presented the Ohio Auditor of State Award with Distinction in December by Dave Yost, auditor of state staff representative Michelle Stys.
It's the 15th consecutive year Laketran has received an unqualified opinion with no material citations, material weaknesses, significant deficiencies, single audit findings, or any questioned costs. This is the best opinion available for this type of audit.
To earn a “clean” audit report and receive an award, agencies must file timely financial reports in the form of a Comprehensive Annual Financial Report (CAFR) that meets strict requirement. The award was for fiscal year ending in 2011.
In presenting the award to Lisa Colling, Laketran CFO, Stys stated, “Your exemplary reporting serves as the standard for clean, accountable government, representing the highest level of service to Ohioians.”
At the conclusion of the presentation, Laketran general manager Ray Jurkowski commented, “This award represents our on-going commitment to use our taxpayer’s money in the most prudent fashion.”