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5/5/2003



Rail News: Passenger Rail

Three audits find no fault with Sound Transit's finances


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Recent state, federal and financial audits have given Sound Transit a clean bill of financial health, finding no problems with the agency’s financial management systems.



The audits included one by the Washington State auditor for fiscal-year 2001, and two by accounting firm Deloitte & Touche for FY 2002.



The annual audits are among several accountability and oversight measures Sound Transit uses to ensure effective management of public resources, according to a prepared statement.


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