Council updated on city finances

Medical Lake addresses deficiencies

MEDICAL LAKE – During the April 16 City Council meeting, Finance Director Koss Ronhault presented a comprehensive budget report for the first quarter of the year.

Ronhault provided insights into the financial report, emphasizing the meticulous process of reviewing financial statements and ensuring compliance.

“We have controls in place, secondary reviews of journal entries, reconciliation procedures, a lot of practices that weren’t in place,” he said.

Ronhault highlighted efforts to rectify deficiencies identified in the 2022 financial statements and underscored the importance of transparency...


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