Financial Information
Internal Audit
In January 2012, Lake Whatcom Water and Sewer District contracted with an independent accounting firm, Varner Systma Herndon, to test controls over the cash receipts and cash disbursement processes currently in place. This agreed-upon procedure engagement was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants. The period tested was July 2011 through December 2011 with no major compliance issues. The report was reviewed by the Board of Commissioners at the February 8th 2012 meeting.
Financial Accountability Audit Overview
The Washington State Auditor's office reports on Lake Whatcom Water and Sewer District's accountability and compliance with state laws and regulations and its own policies and procedures
Financial Statements Audit Report 2011
Additional information from the Washington State Auditor's office on Lake Whatcom Water and Sewer District's accountability and compliance with state laws and regulations and its own policies and procedures.
2012 Annual Budget Pgs 1-12
2012 Annual Budget adopted at November 30th, 2011 meeting by the Board of Commissioners.
2012 Annual Budget – Capital Projects Fund Summary
The Capital Projects Fund Summary from the 2012 Annual Budget.
2010 Rate Study
2010 Lake Whatcom Water and Sewer District Rate Study includes utility financial forecast, allocation of costs and development of rate structures.