At the September 16 city council meeting, Oakwood Mayor Bill Duncan announced that Ohio Auditor of State Keith Faber recently recognized the City of Oakwood on successful completion of the 2023 financial audit. The recognition included presentation of the Ohio Auditor of State Award for “excellence in financial reporting in accordance with Generally Accepted Accounting Principles (GAAP) and compliance with applicable laws for the year ended in 2023.” Less than 10% of the local governments and other public agencies audited by the State of Ohio receive this recognition.
“A primary responsibility of Oakwood City Council is to oversee the use of public funds in the delivery of local government services”, said Mayor Bill Duncan. “We commend Finance Director Cindy Stafford, CPA, her Finance Department employees, and all of city staff for once again earning this recognition.”