$ < 73 \ O 1 c>s° pRQl^ U.S. Environmental Protection Agency Office of Inspector General At a Glance 2006-1-00021 January 12, 2006 Why We Did This Audit We performed this audit to determine: • Whether the Oregon Clean Water State Revolving Fund Program's (the Program's) financial statements were fairly presented in all material respects; • To what extent the Program's internal controls over financial reporting could be relied upon;and • Whether the Program complied with applicable laws and regulations. Background The requirement for audited financial statements was enacted to help ensure that the Program had management practices, systems, and controls in place to provide reliable information for managing the Federally funded program. Catalyst for Improving the Environment State of Oregon Clean Water State Revolving Fund Program Financial Statements for the Year Ended June 30, 2005 What We Found We rendered unqualified opinions on the Oregon Clean Water State Revolving Fund Program financial statements for the year ended June 30, 2005, and Oregon's compliance with applicable laws and regulations. We did not note any weaknesses in internal control that we consider to be material. For further information, contact our Office of Congressional and Public Liaison at (202) 566-2391. To view the full report, click on the following link: www.epa.qov/oiq/reports/2006/ 20060112-2006-1 -00021 .pdf ------- |