Port Earns 19th Consecutive Clean Financial Audit
Port Earns 19th Consecutive Clean Financial Audit
Post Date:06/16/2016 1:33 PM
Everett, Wash. –The Port of Everett demonstrated its high financial standards once more by achieving another clean audit, marking the 19th consecutive year with no findings reported by the State Auditor’s office.
Representatives from the Washington State Auditor’s Office visited the Port in April 2016 to review its financial documents from the period of Jan.1, 2015 through Dec. 31, 2015. The scope of the audit focused on three primary areas: open public meetings act compliance, disbursements, financial condition, procurement card and travel activity.
“Congrats to the entire Port team for being good stewards of public resources,” Port of Everett CEO Les Reardanz said. “This is a very impressive achievement and one we should all take pride in.”
The Washington State Auditor’s Office audits the Port of Everett each year to ensure the Port is being fiscally accountable, transparent, and complying with laws and regulations.
For more information, call Lisa Lefeber, Chief of Public Affairs, at 425-388-0617 or by email at lisam@portofeverett.com.
About Port of Everett
The Port of Everett serves a critical function in support of the manufacturing and construction base. The Port of Everett is a deep-water port in Washington State, and is located 25 miles north of Seattle. The Port of Everett is served by the Burlington Northern Santa Fe (BNSF) railroad and plays a vital role in support of the local aerospace industry. The Port handles 100 percent of the oversized oceangoing parts for the 747, 767, K46 Tanker and 777(X) airplane programs. As a result, Everett’s custom district was ranked first in the state with more than $22.7 billion in exports in 2013, according to the U.S. Customs and Foreign Trade Division. The Port of Everett’s major trading partners are Japan, South Korea, Russia, China and the South Pacific. Its primary imports are aerospace parts, steel, machinery, wind energy parts and bulk cement. Its major exports, includes machinery, steel, oil and gold mining equipment, aerospace containers, forest products, and other general and containerized cargoes.