The Seattle PI.com has posted a story about a Lake Forest Park police investigation into possible misuse of funds by an employee of the Lake Forest Park Water District, stretching over a period of a half dozen years.
The District is the oldest water district of the four serving Lake Forest Park and draws its water from artesian wells. The water is known for its purity and lack of chemicals.
The District completed an audit in December of last year which uncovered financial accounting problems and recommended a complete revision of the bookkeeping and accounting practices. A professional bookkeeping firm was hired and they have been working since to revise procedures, reporting systems, and review processes at the District.
As mentioned in the PI story, any losses would be covered by insurance.
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