Mason PUD 3 has received its 36th consecutive clean bill of health from the Washington State Auditor’s Office.
PUD 3 officials met with representatives of the Auditor’s Office June 16 to review the annual examination of the PUD’s finances and operations.
“PUD 3 strives for excellence in the management of it’s finances and in providing reliable services every day to our community,” said Annette Creekpaum, PUD 3 manager. “We’re pleased that we have been recognized once again as regularly meeting the high standards required by state laws and regulations.”
The Washington State Auditor’s office focuses on two general areas during its auditing work. Financial audits ensure public funds are accounted for and controls are in place to protect public resources. An accountability audit certifies that units of state and local government adhere to required laws and regulations relating to financial matters such as bidding and contracts.
PUD 3 has received ten consecutive Certificates of Excellence in Financial Reporting from the International Government Finance Officers Association of the U-S & Canada. It’s annual reports have won honors from the Northwest Public Power Association and American Public Power Association.
The PUD was the first diamond level Reliable Public Power Provider (RP3) in Washington State, as designated by the American Public Power Association (APPA). It recognizes the utility for providing its customers with the highest degree of reliable and safe electric service. There are now two public utilities with the diamond recognition in the state. PUD 3 is among 191 of the nation’s more than 2,000 public power utilities to earn the recognition. It’s one of 54 to reach the diamond level.