FOR IMMEDIATE RELEASE:
City of Ridgefield, Washington Announces "No Findings"
Press Contact Information:
Kay Kammer, Director of Finance & Administration/City Clerk
Ridgefield, WA, September 19, 2008 - The City of Ridgefield, Washington is pleased to announce that it received an audit free of findings or management letters from the Washington State Auditorís office for the fiscal years of 2006 and 2007. The audit scope used a risk-based approach covering accountability for public resources and compliance with laws and regulations, a review of financial statements and of federal compliance. The on-site field work concluded on September 8, 2008 and the final reports are anticipated to be issued on September 22, 2008.
The accountability audit encompassed a review of City contracts, the bidding process and prevailing wage compliance, debt covenants, interfund transactions, disbursements and expenditures, payroll, conflicts of interest and open public meetings.
Review of the financial reports indicates that the statements were presented fairly in all material respects. No material misstatements were noted or any needing to be corrected. Internal controls of compliance were tested for the federal programs and were deemed adequate to detect and prevent noncompliance with material federal requirements.
Justin Clary, City Manager, said "The City of Ridgefield strives to maintain full compliance with State and Federal Statues. We are pleased with the recent audit results that demonstrate our effective management of city funds and compliance of existing laws".
The City of Ridgefield, incorporated in 1909, is a rapidly growing community located in northern Clark County, Washington approximately 10 miles north of Vancouver, Washington. Over the next 10 to 15 years, the City of Ridgefield expects to grow to a population of over 20,000 persons with an employment base of over 13,000 jobs. The City has adopted a Council-City Manager form of government. The City Manager acts as the chief executive officer of the City overseeing daily operations, annual budget development and implementation, and personnel. The City Manager works with a management team composed of the Director of Finance and Administration, the Community Development Director, the Public Works Director and the Police Chief to insure that community services are provided and that the policy directives of the City Council are carried out in the most efficient manner possible.