Findlay a "High Risk" - Lima, OH News Weather Sports

Findlay a "High Risk"

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Findlay Ohio -

After months of difficulties including financial meetings and budget talks, a recent audit resulted in Findlay being labeled as a high-risk recipient when it comes to receiving grants. According to the Findlay Courier, the problem occurred due to mishandled Community Development Block Grant money that had to be paid back last year.

Rea & Associates, of Lima, was the state-contracted firm that conducted the audit and concluded the city and Hancock County mishandled more than $250,000. City officials called the mistakes procedural and said the money was repaid last summer and considers the matter closed.

The high risk label could jeopardize Findlay's future, as city officials now have to disclose the city's designation on applications and will have to add the city to a national repository. Auditors could charge the city more money due to more testing and could result in Findlay being put under higher scrutiny when applying for grants at the federal and state level.

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