Minnesota Office of the Legislative Auditor
Financial Audit Division

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Report Summary
Minnesota Veteran's Home - Hastings

Financial Audit

For the Three Years Ended June 30, 1993;

 

Public Release Date: September 1, 1994 No. 94-40

Objectives

  • Assess Internal Control Structure: Maintenance charge revenue, employee payroll, designated contribution revenue and expenditures, dedicated resource revenue and expenditures, and resident account revenues and expenditures.

  • Test Compliance with certain Finance-Related Legal Provisions.

Conclusions

We found three areas where the internal control structure needed improvement:

  • Recordkeeping for designated contributions need improvement, particularly to track donations designated for a specific purpose.

  • An inadequate separation of duties exists for payroll processing.

  • Internal procedures for assessing interest on delinquent maintenance accounts need improvement.

We found three areas of potential noncompliance with finance-related legal provisions:

  • The home inappropriately accumulated excess funds in its dedicated resources account and expended $228,000 on questionable projects. We have referred this issue to the Attorney General for resolution.

  • The home improperly allowed private organizations to maintain funds in the state treasury.

  • The home did not assess interest on delinquent maintenance accounts as provided by Minnesota Agency Rules.

 

Office of the Legislative Auditor ♦ Room 140, 658 Cedar St., St. Paul, MN 55155