Each year, and in some cases every two years, Ohio’s public institutions and political subdivisions are audited. On Tuesday, June 2, State Auditor Dave Yost’s office released the Community Library of Big Walnut Local School District audit that covers the library’s finances from Jan. 1, 2014, through Dec. 31, 2015.
Under the state’s system, political subdivisions choose an outside auditing firm approved by the state; Community Library used Marietta-based Perry & Associates.
Community Library Director Chauncey Montgomery said the audit came in with no findings; that the auditors verified there were no exceptions in the biannual look at the library’s finances.
“At the end of the day everything is accounted for properly; Community Library’s books are in order,” Montgomery said. “We’re always pleased when we have a clean audit and everything checks out. We have a great assistant working for us, our assistant fiscal officer Angie Grossenbacher. She does all the day-to-day bookkeeping for the library. I’m just a second set of eyes as a control measure.”
Montgomery said the library’s annual budget is about $1.8 million, with a percentage of that allocated as a contingency operations reserve fund and for major and minor capital projects.
“We kept that contingency operations reserve fund going after 2009 when we lost 30 percent of state funding,” Montgomery said. “We never want to be in that position again.”
Montgomery said 63 percent of Community Library’s budget is used for personnel, 22 percent goes to facility operations like utilities, and about 15 percent pays for programs and materials.
“Those percentages are about in line with the State Library of Ohio,” Montgomery said. “Facility operations is a little high because the building is 22 years old.
“You could not ask for anything better than our audit results,” Montgomery added. “It’s evidence that we’re being good stewards of the taxpayers’ money, and we’re proud of that.”
Reporter Lenny C. Lepola can be reached at 614-266-6093