Report 2017-113 Recommendation 6 Responses

Report 2017-113: South Orange County Wastewater Authority: It Should Continue to Improve Its Accounting of Member Agencies' Funds and Determine Whether Members Are Responsible for Its Unfunded Liabilities (Release Date: March 2018)

Recommendation #6 To: South Orange County Wastewater Authority

To better ensure the timely release of future financial statements, SOCWA should enhance its new procedures for preparing its financial statements by developing and following a timeline with specific deadlines for completing each of its planned year-end tasks.

6-Month Agency Response

SOCWA has developed accounting procedures and a year end schedule to complete planned year-end tasks.

California State Auditor's Assessment of 6-Month Status: Fully Implemented

60-Day Agency Response

Accounting procedures are in development to be complete by August 2018.

California State Auditor's Assessment of 60-Day Status: Pending

All Recommendations in 2017-113

Agency responses received are posted verbatim.