New audit system saves W. Millgrove 95 percent

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WEST MILLGROVE – The village saved 95 percent of its traditional audit costs in its first
"basic audit," a new procedure introduced last year by Auditor of State Dave Yost.The village
qualified for the basic audit based on having average annual disbursements of $100,000 or less and
having no disqualifying audit concerns as defined by Auditor of State bulletins. The 2011-2012 audit
released this month cost $492, compared to the prior audit cost of $10,140 – a savings of 95 percent.The
option for a basic audit, an on-site limited review, was introduced by Yost in September. The following
public offices could be eligible: villages, townships, libraries, parks and recreation districts, water
and sewer districts, county boards of health, conservancy districts, solid waste districts, regional
planning commissions, fire and ambulance districts, cemeteries, agricultural societies and Family
& Children First councils, and others case by case.WEST MILLGROVE – The village saved 95 percent
of its traditional audit costs in its first "basic audit," a new procedure introduced last
year by Auditor of State Dave Yost.The village qualified for the basic audit based on having average
annual disbursements of $100,000 or less and having no disqualifying audit concerns as defined by
Auditor of State bulletins. The 2011-2012 audit released this month cost $492, compared to the prior
audit cost of $10,140 – a savings of 95 percent.The option for a basic audit, an on-site limited review,
was introduced by Yost in September. The following public offices could be eligible: villages,
townships, libraries, parks and recreation districts, water and sewer districts, county boards of
health, conservancy districts, solid waste districts, regional planning commissions, fire and ambulance
districts, cemeteries, agricultural societies and Family & Children First councils, and others
case by case.

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