STATEMENTS FROM GARCETTI, WESSON AND FUENTES ON DWP TRUST AUDITS

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STATEMENTS FROM GARCETTI, WESSON AND FUENTES ON DWP TRUST AUDITS
“These findings validate our demand for audits.  DWP customers deserve transparency and accountability for how their money is being spent, and these audits have now opened the books so we can follow the ratepayers’ money.  I want to thank Controller Ron Galperin, Council President Herb Wesson, Councilmember Felipe Fuentes, the City Council, City Administrative Officer Miguel Santana and DWP General Manager Marcie Edwards for working with me to bring reform to the DWP and make sure these trusts answer to the people.” – Mayor Eric Garcetti
“With the completion of the Controller’s audit and the CAO’s audit, the future operations of the Trusts can now move forward in an accountable and transparent manner. This is what the public deserves and demands as ratepayers of the DWP.  Although this process has taken time, the settlement agreement and principles that the City Council adopted in November of 2014 provided a path forward to resolve this issue.  I appreciate the involvement and the leadership of Mayor Eric Garcetti and CAO Miguel Santana, and of my Council colleagues, especially Councilmember Felipe Fuentes, Chair of the Energy and Environment Committee.” – Council President Herb Wesson
“This audit comes at an important moment for our City.  Thanks to the agreement that the City Council brokered between the Controller and the Joint Trusts, we have our first look at how the Trusts are operating. Additionally, because of the CAO’s own review, we have recommendations that will bring increased transparency and accountability while ensuring funds are spent appropriately on increasing safety and training for our employees. I believe what we learn will help improve the management of the trusts and work to restore the confidence in the utility that our residents and ratepayers desire.” – Councilmember Felipe Fuentes, Chair of the City Council’s Energy and Environment Committee
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