Serving Whitman County since 1877

Lamont audit receives approval

The Office of Washington State Auditor Pat McCarthy has concluded its audit of the Town of Lamont, issuing a report Dec. 7 of compliance with state laws and control over safeguarding public resources.

The audit was primarily done off-site, referring to documents and information provided by the Cemetery District.

The limited audit included review of meeting minutes for compliance with the Open Meetings Act, internal controls over assets, revenues and disbursements, verifying that annual reports were submitted to the State Auditor complete and filed in a timely manner, review of the Town's annual revenues and expenditures for unusual transactions and trends, and corroborating financial information reported by the town by a comparison of cash and investment balances to third-party sources.

The audit spans Jan. 1, 2015 to Dec. 31, 2016.

The Town operated on annual revenues of approximately $51,000 and $53,000 for 2015 and 2016, respectively. Lamont has three part-time employees.

The State Auditor's Office examines the financial affairs of all local governments at least once every three years.

 

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