City finance office recognized again

AWARD WINNER — The city of Steubenville’s finance office, led by Finance Director David Lewis, received its fourth consecutive annual auditor’s award with distinction honor from State Auditor Dave Yost. Present at the award presentation in the Municipal Building were, from left, City Manager Jim Mavromatis; Jim Shaw, East Region liaison for the state auditor’s office; Lewis; Kim Marracino, city financial account clerk; Susan Vogagis, customer relations, city utility office; Lisa Knight, utility collection manager; and Dave Babela, financial accountant.
— Paul Giannamore

STEUBENVILLE — The city’s finance office received its fourth consecutive award with distinction from Auditor of State David Yost for presenting a detailed and clean record of city finances during the city’s annual state audit.

Finance Director David Lewis said, “It’s quite an honor to receive four in a row. A lot of thanks goes to all of the employees of the finance and utilities office as well as the support we receive from all the other departments in the city.”

On presenting the award, Jim Shaw, East Regional liaison for the state auditor’s office, said the state audits nearly 6,000 governmental entities, but less than 10 percent receive any honor at all. To receive the award with distinction, Shaw said the city is among very few entities that conduct a deeper level of financial reporting, called a Comprehensive Annual Financial Review, as opposed to the more common audit report based on Generally Accepted Accounting Principles.

“I don’t have a lot of entities that take that extra step and do a CAFR, so Steubenville is a little unique in that they do that next level of financial reporting,” Shaw said. “It says a lot about the city’s dedication to detailed financial reporting. We think it’s important to show when an entity is doing something right.”

City Manager Jim Mavromatis complemented Lewis and the finance team.

“For four years in a row — it says a lot and it means a lot because finances are the quickest things you can get into trouble over. You are very professional, you all stay on top of it and it makes my job easy and it makes me very proud to be able to work with all of you,” Mavromatis said.

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