Port of Seattle Commission

AUDIT COMMITTEE
June 20, 2024 – 10:00 a.m.
To be held in person at the Port of Seattle Headquarters
Building – Commission Chambers, Pier 69, 2711 Alaskan Way, Seattle, Washington.
You may view the full meeting live at meetings.portseattle.org.
To listen live from a remote location, call in at: +1 (425) 660-9954 or (833) 209-2690 and Conference ID 467 775 360#
Committee members:
Commissioner Toshiko Hasegawa, Chair
Commissioner Ryan Calkins
Committee Public Member Sarah Holmstrom

Also attending:
Glenn Fernandes, Internal Audit Director
Aaron Pritchard, Chief of Staff, Commission Services
Michelle Hart, Commission Clerk
Aubree Payne, Deputy Commission Clerk

ORDER OF BUSINESS
1. Call to Order
2. Approval of Minutes – March 28, 2024 (Attached)
External Audits
3. Office of the Washington State Auditor – Performance Audit Results – Civil Asset Forfeiture
Tania Fleming, Principal Performance Auditor, Sohara Monaghan, Senior Performance Auditor
(Presentation and Report)
4. Moss Adams – 2023 Financial Statement Audit Results (Presentation)
Olga Darlington, Engagement Partner; Anna Waldren, Audit Senior Manager
Updates and Approval (Glenn Fernandes, Director, Internal Audit) (Presentation – Items #5-11)
5. Internal Audit Organization Structure
6. Open Issues Status
7. 2024 Audit Plan Update
Performance Audits (Glenn Fernandes, Director, Internal Audit; Spencer Bright, Manager, Internal
Audit - Capital Audit, Dan Chase, Manager, Internal Audit, Kerem Onat, Senior Internal Auditor)
8. Time Approval Controls (Report)
9. Parking Garage Elevator Modernization (Report)
Information Technology Audits - None
Limited Contract Compliance Audits (Glenn Fernandes, Director, Internal Audit)
10. 1915 KCHouse Concepts – SEATAC, LLC (Report) 1
11. Stellar Bambuza SEA, LLC (Report)1
Concluding Business
12. Committee Comments
13. Adjournment1 Limited Contract Compliance Audits are only discussed if issues are identified.