Minnesota Office of the Legislative Auditor
Financial Audit Division


Minnesota Office of the Legislative Auditor Menu

Report Summary
State Board of Investment

Financial Audit

For the Year Ended June 30, 1994;


Public Release Date: March 17, 1995 No. 95-07


Examine the board's financial statements.

Review internal control structure: Investment purchases and sales, investment custody and valuation, investment income collection and allocation, and management fee payments and reimbursements.

Test compliance with certain finance-related legal provisions.


We issued an unqualified opinion on the board's financial statements.

We found the internal control structure to be effective.

We found no departures from finance-related legal provisions.


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