Juneau’s books are clean, according to a recent audit.
At Wednesday night’s City and Borough of Juneau Assembly Finance Committee meeting, Karen Tarver, a certified public accountant and partner at Alaska-based accountancy Elgee Rehfeld, presented the auditor’s opinion on 2020 municipal accounting practices.
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She told the committee that the financial reports issued by the City and Borough of Juneau, Juneau Public Schools and Bartlett Hospital fairly and accurately represent their financial condition and activities.
She also said the audit shows that they are following generally accepted accounting principles in their work.
The audit covered fiscal year 2020, which started July 1, 2019, and ended June 30, 2020.
Tarver said that the audit did find one minor issue related to fund transfer timing and that staff has already corrected it.
“We are pleased to share that the city staff did an outstanding job,” Tarver said.
Tarver explained that the auditors reached “unmodified opinions,” which is “what you want to see.”
Tarver said that the audit included a look at how the city spent CARES money and that everything tested proved eligible under the requirements.
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“The assembly can feel good about the decisions we made,” said Assembly member Carole Triem after hearing the results.
Said Tarver: “This was a weird year with people working remotely, but, everyone was patient and professional.”
• Contact reporter Dana Zigmund at dana.zigmund@juneauempire.com or 907-308-4891.
