10/07/2025 Meeting Minutes - Laserfiche WebLink

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Council President Brossard: Thank you, Director. Director of Finance Copfer, do you have a report this evening? Finance Finance Director Copfer: Yes, I do, Mr. President, but first I want to wish you and your family the Lord's blessing, taking such a tragedy and making it a positive, and it's just amazing, and I'm so humbled at how you guys are taking it and moving it in a positive way. I am proud to share that we received the Auditor of State Award with Distinction for our 2024 audit. This is the 11th consecutive year of receiving this award. Here to present the award on behalf of the City to myself and Evan Witte, our Assistant Director of Finance, is Tina Ludwig, Northeast Regional Liaison for the Auditor of State's Office, and so may we come forward? Council President Brossard: Please do. Tina Ludwig, Ohio Auditor of State Liaison: Hello everyone, thank you so much for putting me on the agenda because we're here for a job well done and I need my notes because I'm still four months into the job. So there's a lot of work that comes into these awards with distinction and I don't have them all memorized. So as Ms. Copfer said, my name is Tina Ludwig and I am the Ohio Auditor of State Keith Faber's Northeast Regional Liaison, or as Auditor Faber likes to say, we're your personal customer service representative, and you know Auditor Faber asked me to be here and it's a true honor to be here to be able to present the Auditor of State Award with Distinction to the City of North Olmsted. Each year our office is responsible for conducting over 4,200 audits of our 6,000 clients statewide. This award places your organization in just a select group, as only 4% of our clients actually receive the award with distinction. The Auditor of State Award with Distinction is presented to local governments and school districts upon the completion of a financial audit that meet the following criteria defined as a clean audit report, and now you'll see why I need notes for this. The entity must file financial reports with the auditor's office by the statutory due date without any extension on a gap accounting basis and prepare a comprehensive annual financial report. If you ever go to our website and look at those financial reports, you can't even imagine the amount of work that goes into it... you two can. [laughing] The audit report does not contain any findings for recovery, material citations, material weaknesses, significant deficiencies, uniform guidance findings, or question costs. The entity's management letter contains no comments related to ethics referrals, question costs less than the threshold per the 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, and public meetings or public records issues. This award represents the hard work of all the City of North Olmsted staff and employees who :10-07-25 Council Meeting Minutes .. Page 6