0:38
Speaker A
24:10 - 24:48
"We did have what we call some material misstatements that were corrected as a result of our audit. To highlight quickly these, there was $10 million that was a timing thing. The bond was not issued till FY26, but it got recorded in '25."
“We did have what we call some material misstatements that were corrected as a result of our audit. To highlight quickly these, there was $10 million that was a timing thing. The bond was not issued till FY26, but it got recorded in '25.”
- Speaker
- Speaker A
- Timestamp
- 24:10 – 24:48
- Community
- Alaska News
- Location
- Juneau
- Captured at
- June 3, 2026
From the transcript
This is the list of them and kind of where the information that comes from to develop those estimates, and we go through these and we make sure that management has provided us support for their estimates and the reasonableness of them. We did have what we call some material misstatements that were corrected as a result of our audit. To highlight quickly these, there was $10 million that was a timing thing. The bond was not issued till FY26, but it got recorded in '25. So we corrected— recommended correcting that.
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