SEAPA receives clean audit; grant activity up in 2014

 


The Southeast Alaska Power Agency (SEAPA) board members met in Petersburg Nov. 13-14 to discuss the results of their annual audit and other business.

Independent auditing company BDO performed this year’s audit, which followed both generally acceptable auditing standards as well as government auditing standards, required because SEAPA received some $5.99 million in state grants of which $1.11 million counted as state expenditures for the fiscal year ending June 2014.

BDO’s Assurance Director Joy Merriner was present via teleconference for the meeting to review the audit. She reported n...



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