Another Clean Audit for JPUD

WA State Auditors determined the PUD complies with applicable state laws, regulations, and its own policies in all areas examined. Auditors reviewed records between Jan 1 – Dec 31, 2022, using a risk-based approach centered on the procurement process, accounts receivable, accounts payable, open public meetings for compliance, and financial conditions. 

Accountability audits focus on adherence to laws and policies. Financial audits look at financial statements and schedules.

Auditor staff reviewed PUD procurement policies and provided recommendations for updating internal processes. Auditor reports determined the PUD provided adequate controls over the safeguarding of public resources.

“The audit process is a great learning opportunity for the utility,” said PUD Finance Director Mike Bailey. “It helps us improve our processes and lets us share information with the Board and the public.”

All PUD financial and audit documents are available on our website under the records/data tab.

To view the PUD special meeting with the WA State Auditor exit interview, click here.