State issues Marysville clean bill of financial health
Published on Tue, Oct 18, 2011
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The City of Marysville received a clean audit opinion containing no findings from the Washington State Auditor's Office for 2010, marking five consecutive years of reports with no findings.
"The positive results contained in the state auditor's independent inspection of our city finances reaffirm our commitment to accountability in how we administer the public's dollars in compliance with the law," Mayor Jon Nehring said.
He added, "The results highlight the importance we place on accurately reporting fiscal information to the financial community and appropriate regulatory agencies."
Nehring praised finance director Sandy Langdon and her staff, as well as other department personnel for their time, research and the cooperation they provided to on-site state auditors.
Langdon said the city always strives on the public's behalf to manage and log records accurately and efficiently, and maintain a framework of internal controls to address managerial and operational effectiveness and efficiency.
The State Auditor's Office conducts annual audits of financial statements and evaluates internal controls across cities and counties statewide, and assesses how well they adhere to state and local regulations, as well as their own management procedures.
"This significant accomplishment (of five years without findings) shows the City's dedication to sound financial operations and reporting," wrote State Auditor Brian Sonntag in an audit report letter.