Whitman County Gazette - Serving Whitman County since 1877

Summer jobs available at Pacific Northwest Farmers Cooperative

By Bill Stevenson
Whitman County Gazette 

Audit finds Port info not listed correctly

 

File photo

COLFAX - A state 2019 audit listed the Port of Whitman as failing to update internal controls for financial reporting under the Budgeting Accounting and Reporting System (BARS).

It is the first finding by the Washington State Auditor's Office since the Port of Whitman was formed in 1958.

The state accuses the port of not listing Other Post-Employment Benefits (OPEB) on the Schedule of Long-Term Liabilities and Notes correctly. It's what the port pays for retiree benefits.

"Even though retires pay 100% of their premiums, that payment is not the full cost of the benefits. Retirees pay less b...



For access to this article please sign in or subscribe.

 

Reader Comments(0)

 
 

Our Family of Publications Includes:

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2021