Port of Tacoma receives clean independent audits

In April, Moss Adams completed its audits of thePort of Tacoma's financial statements and expenditures of federal awards (grant audit)for 2024, which both resulted in no findings. These audits provide independentassurance that financial statements are presented fairly and are free of material misstatementand that the Port is properly managingfederal (grant) funds.

On May 1, the Office of the Washington State Auditor published an accountability audit for the Port covering theyears 2021, 2022, and 2023. Theaccountability audit determined the Port complied with applicable federal andstate laws, rules, and its own policies and procedures. The accountability auditinvolves the examination ofrecords to ensure public funds are accounted for and internal controls are in place to protectpublic resources from misappropriation or misuse.

"These clean auditsdemonstrate the Port's high standards of accounting excellence," saidPort of Tacoma Executive Director Eric Johnson. "I appreciate our staff's commitment to the responsible stewardship of public funds, and Commissioners Deanna Keller and Don Meyer for their service and oversighton the Commission's audit committee."

The 2024 Annual Financial Report can be found here: Financial Information | Port of Tacoma

The accountability audit reports are available on theState Auditor's websiteat Audit Reports | Office of the Washington State Auditor