Snohomish County receives clean audit report

The Washington State Auditor’s Office gave Snohomish County an “unqualified opinion” – the best possible result a jurisdiction can receive – in its audit of the County’s 2014 financial statements and federal grants compliance.

The auditor issued a clean report, meaning no significant deficiencies in reporting financial information or complying with federal grant requirements were identified. These statements present fairly, in all material aspects, the financial position of the County.

“Our staff takes pride in ensuring that the financial resources of the County are well managed and accounted for,” said County Executive John Lovick. “We’re fortunate to have such an excellent and dedicated team overseeing countywide financial operations.”

During the audit exit meeting, the auditors expressed appreciation for staff’s professionalism and the timely delivery and organized state of the County’s financial records.

Credit rating agencies, bond investors, and the public rely on audit information in assessing a jurisdiction’s financial strength. These results were also a key factor in Snohomish County maintaining its high bond ratings, which saves taxpayers considerable money.

For additional information or questions, please contact Sharyl Raines, Controller, at 425-388-3308 or Sharyl.raines@snoco.org.