Saturday, March 22, 2014
MVCTC receives Third “Auditor of State Award with Distinction”
This award is given to those entities that file an annual comprehensive annual financial report (CAFR) and timely financial reports in accordance with generally accepted accounting principles (GAAP), as well as receive a “clean” audit report. The “clean” audit report means that the financial audit did not contain findings for recovery, material citations, material weaknesses, significant deficiencies, Single Audit findings or any questioned costs. Less than 5% of all public agencies receive this distinction each fiscal year.
The award is given based on the most recent financial audit. As stated in the letter from Auditor of State, Dave Yost, “Clean and accurate record-keeping are the foundation of good government.”
MVCTC Treasurer, Debbie L. Gossett, accepted this award. Mrs. Gossett states, “This is valuable information for not only the school district, but for all of the communities that MVCTC serves”.
For more information about MVCTC, please visit www.mvctc.com.