Monday, November 14, 2011

City of Redmond passes 2010 Annual State Accountability Audit with flying colors.

2010 State Audit of City of Redmond, WA. - Report on Accountability

FROM THE WASHINGTON STATE AUDITOR'S OFFICE:  "We appreciate the opportunity to work in cooperation with your City to promote accountability, integrity and openness in government. The State Auditor’s Office takes seriously our role to advocate for government accountability and transparency and to promote positive change."

Results: "In the areas we examined, the City’s internal controls were adequate to safeguard public assets. The City also complied with state laws and regulations and its own policies and procedures in the areas we examined."  

Audit History: "We audit the City annually. The past six audits of the City reported two findings. The 2006 audit reported a weakness in internal controls over financial reporting. The 2007 audit reported a weakness involving compliance with state bid laws. Both issues [occured the Mayor Rosemarie Ives Administration and] have been resolved."  Read More >>


About the Audit

"This report contains the results of our independent accountability audit of the City of Redmond from January 1, 2010 through December 31, 2010.   Read More >>


We evaluated internal controls and performed audit procedures on the activities of the City. We also determined whether the City complied with state laws and regulations and its own policies and procedures.


In keeping with general auditing practices, we do not examine every transaction, activity or area. Instead, the areas examined were those representing the highest risk of noncompliance, misappropriation or misuse. The following areas were examined during this audit period:

Accounting/financial reporting Contracts/agreements
Debt/covenants

Open public meetings/records laws
Procurement (bidding/prevailing wage)
Budget compliance

ABOUT THE CITY "The City of Redmond serves approximately 53,680 residents within King County. For the 2009-2010 biennium, the City operated on a budget of approximately $680 million.  An elected, seven-member Council sets policy for the City. The independently elected mayor provides management oversight of the City’s daily operations as well as its approximately 668 full- and part-time employees."
  -- Quoted from the 2010 Washington State Auditor's Report, November 14, 2011

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