RCW 43.385.035: Ratepayer oversight board—Budget—Audits.

(1)(a) The budget required by RCW 43.385.030(2) must set forth the complete and detailed financial program of the ratepayer oversight board, showing the revenues and expenditures of the board. The budget must be explanatory, describing how the funding is used to administer and implement the board's programs and priorities, and include the reasons for salient changes from the previous fiscal period in expenditure or revenue items. The budget must explain any major changes to financial policy and contain an outline of the proposed financial policies of the board for the ensuing fiscal period and describe performance indicators that demonstrate measurable progress toward the board's priorities.

(b) The budget must be sufficiently detailed to provide transparency for the ratepayer oversight board's actions on behalf of the industry.

(2) A regular audit shall be conducted under chapter 43.09 RCW. The cost of the audits shall be reimbursed from the tourism assessment program reimbursement account.