Refresher: SAO Report on Brazos River Authority

In August the State Auditor Office issued a report on the Brazos River Authority. The Big Picture:       

• The Authority substantially complied with state requirements and Authority policies and procedures for financial management.
• The Authority has implemented processes to ensure that its compensation decisions and pay actions are supported and authorized.
• The Authority has implemented processes for funding and managing capital projects.
• The Authority had sufficient documentation supporting its decision to shut down and decommission its hydroelectric facility at Possum Kingdom Lake.
• The Authority should strengthen some of its information technology controls.

[SAO]