Marysville Exempted Village School District 11-Union

MARYSVILLE EXEMPTED VILLAGE SCHOOL DISTRICT

UNION COUNTY

SINGLE AUDIT

JULY 1, 2010 - JUNE 30, 2011

Board of Trustees Marysville Exempted Village School District 1000 Edgewood Drive Marysville, Ohio 43040

We have reviewed the Independent Auditors' Report of the Marysville Exempted Village School District, Union County, prepared by Wilson, Shannon & Snow, Inc., for the audit period July 1, 2010 through June 30, 2011. Based upon this review, we have accepted these reports in lieu of the audit required by Section 117.11, Revised Code. The Auditor of State did not audit the accompanying financial statements and, accordingly, we are unable to express, and do not express an opinion on them.

Finding for Recovery Repaid Under Audit

Article XIX--Fringe Benefits, 19.01 of the negotiated agreement with the Marysville Education Association states the following:

A. Any bargaining unit member with a minimum of ten (10) or more years of accumulated service with the state, any political subdivision or any combination thereof, who elects to retire or is approved for disability retirement by STRS, shall be paid twenty-five percent (25%) of his/her accumulated and unused sick leave (capped at sixty-four (64) days).

B. The rate of pay for all such accumulated days shall be the per diem rate of the member's annual salary in the year in which retirement occurs or is approved by STRS for disability retirement as determined from the approved salary schedule plus all supplemental contracts held during the year.

C. The member's per diem rate shall be computed by dividing the annual salary as per the paragraph above by the number of days of regular required duty.

In January 2011 Ellen Carter received a $26,417.35 severance payment that was not calculated in accordance with the negotiated agreement with the Marysville Education Association.

Amount Paid by District

Leave Balance to Be

64.75 days

Paid

Per Diem Rate Paid by

$407.99

District

Amount Paid by District

$26,417

88 East Broad Street, Fifth Floor, Columbus, Ohio 43215-3506

Phone: 614-466-4514 or 800-282-0370

Fax: 614-466-4490

auditor.state.oh.us

Amount based on Negotiated Agreement

Leave Balance to Be

64.75 days

Paid

Per Diem Rate per

$378.55

negotiated agreement

Amount Paid by District

$24,511

Overpayment amount

$1,906

In accordance with the foregoing facts and pursuant to Ohio Rev. Code Section 117.28, a Finding for Recovery for public monies illegally expended is hereby issued against Ellen Carter in the amount of $1,906, and in favor of Marysville Exempted Village School District General Fund, in the amount of $1,906.

Under Ohio law, any public official who either authorizes an illegal expenditure of public funds or supervises the accounts of a public office from which such illegal expenditure is strictly liable for the amount of the expenditure. Seward v. National Surety Corp. (1929), 120 Ohio St. 47; 1980 Op. Att'y Gen. No. 80-074; Ohio Rev. Code Section 9.39; State, ex. Rel. Village of Linndale v. Masten (1985), 18 Ohio St.3d 228. Public officials controlling public funds or property are liable for the loss incurred should such funds or property be fraudulently obtained by another, converted, misappropriated, lost or stolen to the extent that recovery or restitution is not obtained from the persons who unlawfully obtained such funds or property, 1980 Op. Att'y Gen. No. 80-074.

Additionally, Cynthia Ritter, Treasurer, and her bonding company, The Cincinnati Insurance Company, will be jointly and severally liable in the amount of $1,906 and in favor of the General Fund to the extent that recovery is not obtained from Ellen Carter.

The above finding was paid by Ellen Carter on October 1, 2011, which check number 1145.

Our review was made in reference to the applicable sections of legislative criteria, as reflected by the Ohio Constitution, and the Revised Code, policies, procedures and guidelines of the Auditor of State, regulations and grant requirements. The Marysville Exempted Village School District is responsible for compliance with these laws and regulations.

Dave Yost Auditor of State

January 10, 2012

88 East Broad Street, Fifth Floor, Columbus, Ohio 43215-3506

Phone: 614-466-4514 or 800-282-0370

Fax: 614-466-4490

auditor.state.oh.us

MARYSVILLE EXEMPTED VILLAGE SCHOOL DISTRICT UNION COUNTY, OHIO

TABLE OF CONTENTS

TITLE

INDEPENDENT AUDITORS' REPORT MANAGEMENT'S DISCUSSION AND ANALYSIS BASIC FINANCIAL STATEMENTS:

GOVERNMENT-WIDE FINANCIAL STATEMENTS: STATEMENT OF NET ASSETS STATEMENT OF ACTIVITIES

FUND FINANCIAL STATEMENTS: BALANCE SHEET ? GOVERNMENTAL FUNDS RECONCILIATION OF TOTAL GOVERNMENTAL FUND BALANCES TO NET ASSETS OF GOVERNMENTAL ACTIVITIES STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES ? GOVERNMENTAL FUNDS RECONCILIATION OF THE STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES OF GOVERNMENTAL FUNDS TO THE STATEMENT OF ACTIVITIES STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE ? BUDGET AND ACTUAL (NON-GAAP BUDGETARY BASIS) ? GENERAL FUND STATEMENT OF NET ASSETS ? PROPRIETARY FUND STATEMENT OF REVENUES, EXPENSES AND CHANGES IN NET ASSETS PROPRIETARY FUND STATEMENT OF CASH FLOWS ? PROPRIETARY FUND STATEMENT OF NET ASSETS ? FIDUCIARY FUND STATEMENT OF CHANGES IN NET ASSETS ? FIDUCIARY FUND

NOTES TO THE BASIC FINANCIAL STATEMENTS OTHER SUPPLEMENTAL DATA:

SCHEDULE OF FEDERAL AWARDS RECEIPTS AND EXPENDITURES NOTES TO THE SCHEDULE OF FEDERAL AWARDS RECEIPTS AND

EXPENDITURES

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