Port receives 22nd clean audit
Clark Howard, July 27, 2016, KXRO Newsradio
The Port of Grays Harbor earned their 22nd clean audit report from the Washington State Auditor’s Office in June.
The Port says that accountability and financial statement audits for 2015 included many aspects of Port business such as payroll expenditures, marina operations, Friends Landing operations, State grants, financial condition, open public meetings, and general revenues and expenditures.
Read more here: http://www.kxro.com/port-receives-22nd-clean-audit/
Port eyes reserve fund
Libby Wennsrom, July 27, 2016, ptleader.com
Port of Port Townsend commissioners are slated to discuss whether to stop funding a set-aside fund reserved for Boat Haven renovations, and to create a new reserve fund earmarked to include projects at all port district properties.
The proposal is up for public comment as part of the commission’s Wednesday, July 27, meeting, which starts at 5:30 p.m. at the Port Commission Building, 333 Benedict St.
Since 2004, the public port district has set aside funds from moorage fees in a “Port Townsend Boat Haven renovation reserve fund.” The fund, which currently has a balance of $777,849, is specifically held in reserve for future “design, engineering, permitting and renovation work” in the Boat Haven facility. The current budget allocates $10,000 per month to the fund from Boat Haven fees.