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KPMG issues unqualified opinions on SFPUC finances; commissioners commend staff
San Francisco Public Utilities Commission · December 14, 2010
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Summary
KPMG presented unqualified (clean) audit opinions for the water, wastewater and power enterprises; auditors reported no material findings and noted staff separated Hetch Hetchy financials as directed.
KPMG senior manager Karen Cordero told the commission that audits for the water enterprise, the wastewater enterprise and power were completed with unqualified opinions and no material findings. Todd Reekstrom, the PUC's CFO,…
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