We concluded that the board and the agency each had generally adequate internal controls and generally complied with most legal requirements applicable to spending money from Clean Water Fund appropriations; however, each organization had internal control weaknesses and instances of noncompliance. Our report contains nine findings related to those weaknesses and noncompliance.Internal Controls Over Statewide Financial Reporting (Feb 19)
We concluded that the state’s fiscal year 2014 financial statements were materially correct and issued an unqualified (clean) audit opinion. The state generally had adequate internal controls over the financial reporting process. However, we identified some weaknesses in internal controls over the financial reporting process. Our report contains one finding with recommendations to two state agencies.Minnesota Health Insurance Exchange (MNsure) (Feb 17)
We concluded that MNsure’s failures outweighed its achievements in its first year of operations. There were widespread problems with MNsure’s online enrollment system and customer service, causing difficulties for consumers, insurers, counties, and the Department of Human Services. We recommend changes in statutory governance provisions for MNsure and the enrollment system it created.Recycling and Waste Reduction (Feb 11)
We found that Minnesota’s approach to managing waste focuses too narrowly on recycling, rather than on the full range of waste management activities. We recommend the Legislature establish goals and performance measures for all levels of the waste management hierarchy.Financial Statement Audit Opinions
We recently issued audit opinions on the State of Minnesota’s fiscal year 2014 Comprehensive Annual Financial Report (CAFR) and the CAFRs for the three state public retirement systems. We concluded that each CAFR fairly presented the financial information on compliance with generally accepted accounting principles for the respective organization. Our audit opinions are included in each organization’s CAFR, which are available through the links below.CAFRs
Related to each CAFR, we also issued our conclusions on each entity’s internal controls over financial reporting and legal compliance. None of the retirement systems had reportable internal control weaknesses or instances of noncompliance. Our conclusion for each entity is available through the links below.