Laketran in Lake County, OH, has received recognition at the local, state, and federal levels for the quality of its fiscal management.

Locally, Laketran received its 15th consecutive clean audit: an “unqualified opinion,” the highest possible ranking given for this type of audit, from a third-party auditor contracted by the state to issue an opinion.

At the state level, the system received the “Auditor of State Award with Distinction” from the office of David Yost, Auditor of State. The award is given for audits that contain no findings for recovery, material citations, material weaknesses, significant deficiencies or questioned costs among many other items.

Nationally, the Government Finance Officers Association honored Laketran’s controller, Lisa Colling, and the agency’s finance department with its Distinguished Budget Presentation Award for the 2011 budget.