By Brittany L. Elking– Public Affairs Staff Writer
With this in mind, Auditor of State Dave Yost worked with the legislature to create the Leverage for Efficiency, Accountability and Performance Fund (LEAP Fund), a $1.5 million fund that advances the cost of a performance audit to entities that might otherwise not be able to afford to have one conducted. Costs will be repaid the following year from the savings reaped from the audit’s recommendations and sown again into new performance audits. The LEAP Fund became available after the passage of Senate Bill 4, signed by Governor Kasich on
April 5, 2011.
The first six recipients of LEAP funding were announced this month:
|• City of Chardon
• City of Findlay
• City of Salem
|• Clark County Auditor’s Office
• City of Fostoria
• Washington County
A second round of LEAP funds will be awarded in the second half of this fiscal year. Other applications received in this first round will be reviewed at that time.
All applications are reviewed and ranked by a selection committee comprised of one representative each from the Audit Division, Performance Audit Section and Local Government Services Section. Applications are ranked based on the applicant’s responses to a set of questions to help determine where LEAP funds may have the greatest impact.
All pertinent information concerning the LEAP Fund is posted on the Auditor of State’s website. The Auditor of State’s office looks forward to working side-by-side with more local governments and school districts, assisting where we can to achieve skinnier, smarter government for the citizens of Ohio.