An annual examination and report from the Washington State Auditor’s Office (SAO) has given the Grays Harbor PUD high marks on Financial Statements and Accountability. The report included no findings in the two areas and complimented the PUD for conducting the audit under rules set by the COVID response.
“I want to thank the Accounting Department and the PUD staff for their outstanding work. This report tells our customers that they can trust their PUD and as a public entity, trust and faith from the customers is vital,” said Board of Commissioners President Russ Skolrood.
The report by the SAO covered the period of January 1, 2019 to December 31, 2019. In the area of accountability the report found that District operations complied in all material respects “with applicable state laws, regulations, and its (the PUD’s) own policies, and provided adequate controls over the safeguarding of public resources.” The final report also found that the PUD’s financial statements “present fairly, in all material respects, the financial position (of the PUD).”
Normally carried out at the PUD offices, the 2020 audit was handled remotely in compliance with COVID-19 precautions. SAO staff complimented the PUD for providing all needed documents electronically and setting up virtual meetings as needed and closed Wednesday’s exit conference by saying that while many audits have been carried out under COVID restrictions “none have gone more smoothly and cleanly than this one.”