Washington law requires the State Auditor to audit all levels of local government on a regular basis. The Mountlake Terrace audit issued March 29 covered the time period from Jan. 1-Dec. 31, 2016.
State law requires the city to submit its annual report to auditor’s office within 150 days of fiscal year’s end. The annual report includes financial statements, supporting schedules and notes to the financial statements.
Auditors noted that their last report — issued in mid-2017 –– had identified material weaknesses in the…