‘I am shocked and outraged’: $13 million in public funds unaccounted for in King County homelessness agency

A forensic investigation of the King County Regional Homelessness Authority found $13 million in public funds unaccounted for and a negative cash position of nearly $45 million, prompting Seattle city leaders to demand reforms. The agency reported $8 million in unreconciled receivables, $6.4 million in budget reclassifications, and a $1.3 million reporting discrepancy, with officials saying no fraud was identified. Seattle councilmembers are calling for major changes, with some demanding the agency be dismantled.