State auditors find no finance problems with library system
April 20, 2010
State auditors found no problems with the way the King County Library System conducts business. Reports released last month show no problems with how the Issaquah-based system handled public dollars and other assets.
The state conducted accountability, financial and performance audits of the library district. The accountability audit focused on the areas of payroll, personnel and travel.
Auditors described the mechanisms in place to protect public assets as adequate. The system also followed internal procedures in place to safeguard public resources.
The state team examined 2008 documents for the most recent reports. The state audits the district every year; auditors uncovered no problems in the past eight audits. Auditors released the reports March 12.
King County Council members appoint a board to oversee the third-largest library system in the nation. The system included 1,200 employees and a $94 million budget during the audit period.
The system serves more than 1.2 million customers at 44 libraries. More than 20 million items circulated through the libraries.
The state also released a separate audit of the Issaquah Library Capital Facilities Area, a special taxing district. The district contracts with the King County Library System to operate the Issaquah Library and oversee the building.
Auditors found no problems with the way Issaquah Library Capital Facilities Area officials handled district finances. The audit uncovered no instances of noncompliance or issues required to be reported under government auditing standards. Auditors examined financial records for the period from January 2006 to December 2008.