Politics & Government
Auditor Says Edmonds' Financial Operations 'Not Sufficient'
The audit concerns the time period between Jan. 1, 2010, and Dec. 31, 2010. "The errors in financial reporting were not outside of legal compliance," says City's finance director.
The Washington State Auditor's Office, in a report released this week, says the City of Edmonds' "internal controls over financial operations are not sufficient to ensure the safeguarding of public resources."
The report contains the results of an independent accountability audit of the City from Jan. 1, 2010, through Dec. 31, 2010.
The audit said that "in most areas, the City complied with state laws and regulartions and its own policies and procedures."
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“No money was misappropriated, no funds were overspent,” said Shawn Hunstock, Edmonds’ finance director, in an interview with the Herald. “The errors in financial reporting were not outside of legal compliance.”
During the time of the audit, Mike Cooper was Edmonds mayor and Lorenzo Hines was finance director. Hunstock became finance director in October 2011 and David Earling began his mayoral duties a month later.
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To see the results of the audit, go the the Washington State Auditor's Office Web site.