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Showing posts from January, 2014

December Board News

(The text below is reprinted from the news release by STRS on 12/13/2013.) 2013 Annual Financial Statement Audit Completed At the December meeting of the State Teachers Retirement Board, CliftonLarsonAllen reported the results of its audit of the STRS Ohio financial statements for the fiscal year ended June 30, 2013. The report declared that the system’s financial statements were fairly stated in accordance with generally accepted accounting principles; further, no material weaknesses in internal controls or instances of statutory noncompliance were found. As a result, STRS Ohio received an unqualified audit — known as a “clean” opinion — which is the highest level of opinion that an organization can achieve. STRS Ohio’s financial statements are included in the 2013 Comprehensive Annual Financial Report, which will be posted on theSTRS Ohio websiteby Dec. 27, 2013. Copies of the report can also be requested by calling STRS Ohio’s Member Services Center toll-free at1-888-227-7877. In addition to t…