Finance Department

Gregory Cingle, Director
216-433-1300
gcingle@cityofbrookpark.com
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Life long resident of Brook Park
Current Finance Director of Brook Park (12 Years)
Sixteen years Accounting Experience
Graduate of Baldwin Wallace College and Midpark High School
Member of Ohio Society of C.P.A’s; and AICPA
Member National and Ohio Governmental Finance Officers Association
Member Municipal Finance Officers Association currently serving as President
Member Ohio Municipal League
Volunteer Treasurer of Berea City School Educational Community Fund
Received Certificate of Achievement for Excellence in Financial Reporting from the National Governmental Finance Officers Association for the past 10 years in office
State Auditor's Award recognizing financial reporting excellence the past 10 years in office

CITY OF BROOK PARK RECEIVES
AUDITOR OF STATE AWARD WITH DISTINCTION

A recent financial audit of the City of Brook Park by the Auditor of State Dave Yost’s office has returned a clean audit report. The City's excellent record keeping has earned it the Auditor of State Award with Distinction, which was presented to the city by Auditor Yost.
“Taxpayers expect accurate financial records from their local governments,” Auditor Yost said. “The City of Brook Park’s dedication to accountability is evident, and I am proud to present this award to the city.” The Auditor of State Award with Distinction is presented to local governments and school districts upon the completion of a financial audit. Entities that receive the award meet the following criteria of a “clean” audit report: The entity must file timely financial reports with the Auditor of State’s office in the form of a CAFR (Comprehensive Annual Financial Report); The audit report does not contain any findings for recovery, material citations, material weaknesses, significant deficiencies, Single Audit findings or questioned costs; The entity’s management letter contains no comments related to Ethics referrals, questioned costs less than $10,000, lack of timely report submission, reconciliation, failure to obtain a timely Single Audit, findings for recovery less than $100, and public meetings or public records.
The Auditor of State’s office, one of five independently elected offices in Ohio, is responsible for auditing more than 5,600 state and local government agencies. Under the direction of Auditor Dave Yost, the office also provides financial services to local governments, investigates and prevents fraud in public agencies and promotes transparency in government.
Photo from award presentation. Left: Assistant Finance Director Martin Healy, Auditor of State Dave Yost, Finance Director Gregory Cingle.

FROM THE NEWSLETTER

Audit Update
The City received an unqualified (clean) audit opinion for the fiscal year ended December 31, 2010. The audit was performed by Ciuni & Panichi Inc., an independent accounting firm that specializes in governmental audits.

Financial Report
The Finance Department, with the assistance of the independent accounting firm of James G. Zupka, CPA, Inc., prepared a Comprehensive Annual Financial Report (CAFR) for the fiscal year ended December 31, 2010. The report has been submitted to the Government Finance Officers Association of the United States and Canada (GFOA) for review. If the report meets the requirements set forth by the GFOA, the City will be awarded the Certificate of Achievement for Excellence in Financial Reporting. We will keep the residents informed as to the results of the GFOA’s review in a future newsletter. If any resident would like a copy of the CAFR, please contact the Finance Department or log on to www.cityofbrookpark.com and click the Finance Department link to access the report.

Revenues & Expenditures
As of September 30, 2011, total revenues for all funds (including transfers) were $38,069,472. Total expenditures for all funds (including transfers) were $37,044,466. Total revenues for the General Fund (including transfers) were $17,299,878. Total expenditures for the General Fund (including transfers) were $16,490,855. The General Fund accounts for many of the expenditures needed to operate the City, i.e. salaries, benefits, utilities, communications, contracts, etc.

Questions
If any resident has a financial question in regards to the City, or even on a personal level, please call the Finance Department at (216) 433-1300. We will gladly try to assist you.