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KPFD reports clean state audit for FY2021–2023; finance committee outlines budgeting refinements
Summary
The Kitsap Public Facilities District reported a clean state audit for fiscal years 2021–2023, described a shift to biennial financial audits tied to upcoming bond work, and discussed sales‑tax rebate trends and first‑quarter variances in the operations budget at the April 28 meeting.
The Kitsap Public Facilities District reported a clean audit for fiscal years 2021–2023 and discussed steps to improve budget reporting and forecasting at its April 28 meeting. The board also heard a sales‑tax rebate summary showing year‑to‑date increases and a recommendation to refine monthly timing of budget line items.
Russ (meeting chair) told members that the state audit returned a clean report for FY2021–2023 and that auditors affirmed the legality of the PFD’s project funding. “We received what's called a clean report,” he said, adding the district will move to financial audits every two years given forthcoming bond and debt service work with…
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