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Taylor Recognizes City of Salem for Excellent Financial Accountability

Tuesday, October 2, 2007

Salem -

State Auditor Mary Taylor presented the city of Salem with the “Making Your Tax Dollars Count” award for the city’s fiscal year 2005 and 2006 audit.  Fewer than five percent of all Ohio government agencies are eligible for this award.

“The citizens of Salem should be proud of the city’s commitment to protecting their tax dollars.  I am proud to honor their proven record of accountability and outstanding work,” said Taylor.

Certain criteria must be met to receive the “Making Your Tax Dollars Count” award.  Standards include:

• The entity must complete and submit a Comprehensive Annual Financial Review (CAFR).
• There must be no findings, or issues, present in their most recent audit report.
• There must be no other financial concerns involving the entity.

Jim Armeni, Salem City Auditor, accepted the award on behalf of the city.

The Ohio Auditor of State’s Office is one of the largest accounting offices in the nation.  The office strives to ensure that all public funds are spent legally and appropriately and works aggressively to root out fraud, waste and abuse in public spending. Taylor encourages anyone suspecting fraud or misspending of public dollars to contact her office toll free at 1-866-FRAUD-OH (1-866-372-8364).

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A PHOTOGRAPH OF THE AWARD PRESENTATION IS AVAILABLE UPON REQUEST