Minnesota Office of the Legislative Auditor
Financial Audit Division


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Report Summary
State Agricultural Society

Financial Audit

For the Year Ended October 31, 1994;


Public Release Date: February 17, 1995 No. 95-05


Examine the society's financial statements.

Review internal control structure: Ticket sales, space rental revenues, cash and cash equivalents, fixed asset inventories and depreciation, administrative expenses and payables, and employee payroll.

Test compliance with certain finance-related legal provisions.


We will issue our opinion of the financial statements in the society's annual report.

We found no weaknesses in the internal control structure.

We found no departures from finance-related legal provisions.


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