Entergy Report by Vt. State Auditor Thomas Salmon

60 pages
53 views

Please download to get full document.

View again

of 60
All materials on our website are shared by users. If you have any questions about copyright issues, please report us to resolve them. We are always happy to assist you.
Share
Description
Report of the Vermont State Auditor August 31, 2010 ENTERGY NUCLEAR VERMONT YANKEE Monitoring and Management of the Decommissioning Trust Fund Thomas M. Salmon, CPA Vermont State Auditor Rpt. No. 10-06 Mission Statement The mission of the Auditor’s Office is to be a catalyst for good government by promoting professional audits, financial training, efficiency and economy in government, and service to cities and towns. This report is a work of the Office of the State Auditor, State of Vermo
Tags
Transcript
    Report of the Vermont State Auditor Thomas M. Salmon, CPAVermont State AuditorRpt. No. 10-06 August 31, 2010 ENTERGY NUCLEARVERMONT YANKEE Monitoring and Managementof the Decommissioning TrustFund    Mission Statement  The mission of the Auditor’s Office is to be a catalyst for good governmentby promoting professional audits, financial training, efficiency andeconomy in government, and service to cities and towns.This report is a work of the Office of the State Auditor, State of Vermont,and is not subject to copyright protection in the United States. It may bereproduced and distributed in its entirety without further permission fromthe State of Vermont or the Office of the State Auditor. However, becausethis work may contain copyrighted images or other material, permissionfrom the copyright holder may be necessary if you wish to reproduce thismaterial separately. Please contact the Office of the State Auditor if youhave questions about reproducing this report.  THOMAS M. SALMON, CPA STATE AUDITOR  STATE OF VERMONTOFFICE OF THE STATE AUDITOR 132 State Street ã Montpelier, Vermont 05633-5101Auditor: (802) 828-2281 ã Toll-Free (in VT only): 1-877-290-1400 ã Fax: (802) 828-2198email: auditor@state.vt.us ã website: www.auditor.vermont.gov August 31, 2010Addressees (see next page)Dear Colleagues,At the request of members of the legislature, we reviewed whether the Vermont YankeeDecommissioning Trust Fund is managed and used in a way that best benefits the State and itscitizens.Our review focused on (1) studying the extent to which the State has a systematic method formonitoring whether the decommissioning trust fund will have sufficient assets in the future tocover the costs of site cleanup required by the State and (2) considering the system of controlsthat Entergy and the State established to safeguard the assets of the decommissioning trust fund.I would like to thank the management and staff of the Department of Public Service and Entergyfor their cooperation and professionalism. If you would like to discuss any of the issues raisedby this report, I can be reached at (802) 828-2281 or at auditor@state.vt.us.Sincerely,Thomas M. Salmon, CPAVermont State Auditor    ADDRESSEES The Honorable Shap SmithSpeaker of the House of RepresentativesThe Honorable Peter ShumlinPresident Pro Tempore of the SenateThe Honorable James DouglasGovernorThe Honorable Ann CummingsVermont SenateThe Honorable Mark MacDonaldVermont SenateThe Honorable Ginny LyonsVermont SenateThe Honorable Sarah EdwardsVermont House of RepresentativesMr. David O’BrienCommissionerDepartment of Public Service
Related Search
We Need Your Support
Thank you for visiting our website and your interest in our free products and services. We are nonprofit website to share and download documents. To the running of this website, we need your help to support us.

Thanks to everyone for your continued support.

No, Thanks