Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
External auditors give Seattle Public Utilities a clean 2024 audit; no material internal-control weaknesses found
Summary
Moss Adams (now merged with Baker Tilly) reported unmodified opinions on Seattle Public Utilities' 2024 financial statements for water, drainage/wastewater and solid waste and found no material weaknesses or significant deficiencies in internal control; auditors noted one new GASB standard (compensated absences) had minimal impact.
External auditors reported to the Parks, Public Utilities and Technology Committee on June 11 that Seattle Public Utilities' 2024 financial statements received unmodified (clean) audit opinions and that auditors found no material weaknesses or significant deficiencies in internal controls.
Representatives from Moss Adams (which informed the committee of a recent merger with Baker Tilly during the presentation) said they completed separate audits of the water, drainage and wastewater, and solid-waste funds. Lead auditor Keith Simovic summarized the results…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
