An annual review of the Grays Harbor PUD accountability and financial statements resulted in no findings and a strong report on the financial workings and accountability of the utility.
“This report makes me very proud of the staff of the Grays Harbor PUD,” said PUD Commission Secretary Dave Timmons. “These reviews and reports from the state tell our customers that their trust is well placed and that their utility is in the hands of a professional and responsible staff.”
In closing the month long review on Tuesday, representatives of the Washington State Auditor’s Office commended the utility for its accountability and transparency in areas including procurement, accounts receivable, cash receipting, accounts payable, financial condition and fiscal sustainability and open public meetings.
In the review of financial statements, the Auditors office reported that the utility financial statements were presented fairly and “in accordance with the accounting principles generally accepted in the United States of America.”
“You guys really are running a top notch shop here,” said State Auditor Audit Lead Jordan Coleman.