Clean Audit for PUD
6th clean accountability audit in a row for the PUD!
Washington State Auditors determined the PUD complies with applicable state laws, regulations, and its own policies in all areas examined. The reports determined the PUD provided adequate controls over the safeguarding of public resources.
Auditors used a risk-based approach by reviewing items such as minutes from Board of Commission meetings, analyzed trends in financial data such as payroll reports and vendor information, and sit-down’s with staff. Risk-based planning helped focus the audit which centered on accounts receivable, accounts payable, ordering & receiving, open public meetings for compliance, and financial conditions.
To listen to the State Auditor Exit Interview (begins at 04:43 in recording) during the Board of Commissioners Special Meeting on January 24th click here.
All of the PUDs financial and audit documents are available to the public on online here.