Responsibilities of the Auditor
The Auditor is an elector of the City of Troy who serves as the Chief Financial Officer of the city. The Auditor is responsible for maintaining a detailed, accurate, systematic record of the receipts, disbursements, assets, and liabilities of the city. The Auditor is also responsible for establishing and maintaining an internal control structure designed to ensure that the assets of the government are protected from loss, theft, or misuse. This position must also insure that adequate accounting data is compiled to allow for the preparation of financial statements in conformity with general accepted accounting principles.
The Auditor's Office shall keep an accurate account of all taxes and assessments. The auditor shall, at the end of each fiscal year, and more often if required, audit the accounts of the several departments and officers and shall audit all other accounts in which the municipal corporation is interested.
In addition to the responsibilities noted above, the City Auditor, Mayor, and Law Director comprise the Investment Committee of the city. The City Auditor obtains quotations on various qualified investments, as funds become available to invest. The Auditor then recommends to the remaining members of the Investment Committee what investments best meet the city's criteria for investment and upon approval of the committee, the investments are purchased. Upon receipt of various investment instruments, the City Treasurer is charged with their safekeeping.
Comprehensive Annual Financial Report & Awards
The Government Finance Officers Association of the United States and Canada (GFOA) has awarded a Certificate of Achievement for Excellence in Financial Reporting to the City of Troy, Ohio for its Comprehensive Annual Financial Report (CAFR) for over thirty consecutive years. The Certificate of Achievement is the highest form of recognition for excellence in state and local government financial reporting.
You can view a copy of the 2020 Comprehensive Annual Financial Report here.
Contact by Mail
You may write the City Auditor's Office at:
100 S. Market St.
Troy, Ohio 45373,
Contact by Phone or Online
You may also contact the office by calling 937-335-2224, or by visiting the website of the State Auditor.