Ward County Water Resource Board approves 2025 audit, flags internal control weaknesses

Bethany Cichonsky of BradyMartz presented the Water Resource Board with a draft 2025 audit, reporting that generally accepted accounting principles (GAAP) were met but that the audit identified two material weaknesses and one significant deficiency related to internal accounting controls, required adjusting entries to the financial statements, and lack of segregation of duties. Cichonsky told the board that the Nedrose district has been closed and its roughly $4,000 balance was moved to the special assessment fund. She also reported that an uninsured custodial CD risk had been remedied.