Cultus Lake Park Board admitted its lease rate calculations were wrong , and now has a corrected version online.
Park board officials posted a background document to their website in early 2011 explaining how lease rates were calculated.
Leaseholders had requested more detailed info about how rates were established in a survey last fall, and the backgrounder was the park board’s response.
But when it was pointed out the formulas were incorrect, staff redrafted the rate information, and reposted the document.
“This did not affect leaseholder billing and everyone was billed using the correct version of the formulas,” said Sacha Peter, chairman of the Cultus Lake Park Board.
This comes on the heels of improvements to the financial record-keeping after the 2009 audit pointed out some incorrect cash handling procedures.
“That was a time when we had quite a bit of turnover of staff,” he said. “The current manager of finances did a great job of identifying the weaknesses and has done a good job of rectifying them.”
The 2010 audit by KPMG was “clean,” Peter said, except for tweaks made to the accounting system for Sunnyside Campground revenues.
“It’s something we’re aware of and are working to streamline,” he added.