Fairborn City Schools News Article

FCS recognized with Auditor of State Award

Press Release
Wednesday, October 21, 2020
Contact: Treasurer, Kevin Philo
FCS recognized with Auditor of State Award
The Fairborn City School District has been awarded the “Auditor of State” award for excellence in fiscal management and oversight.   FCS must file financial reports with the Auditor of State’s office by the statutory due date, without extension in accordance with GAAP (Generally Accepted Accounting Principles).
Additionally, to receive the award, the audit report does not find any findings for recovery, material citations, weaknesses, significant deficiencies, and no comments related to:
*Ethics referrals
*Questioned costs less than the threshold for Uniform Guidance
*Lack of timely report submission
*Bank reconciliation issues
*Failure to obtain a timely Single Audit in accordance with Uniform Guidance
*Findings for recovery less than $500
*Public meetings or public records issues
*The entity has no other financial or other concerns.
Treasurer, Kevin Philo stated “I want to thank my dedicated team for their hard work and commitment each and every day. I am proud to work in Fairborn with this dedicated group professionals.” Fairborn is committed to transparency with financial accountability and continues to work hard to be outstanding stewards of tax payer dollars.
Fairborn Board of Education President, Pat McCoart stated “I am very proud of the efforts of the FCS Treasurer’s office and staff. Their continued hard work on behalf of the district is to be commended!”

 Treasurer's office staff: Teresa Boney, Treasurer Kevin Philo, Patsy Trippensee, Peggy Stegall, Kevin Burr and Tammy Byrd.

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