|Financial Audit Division Report 05-15||Released March 3, 2005|
The department did not properly calculate the year-end accrual for federal program expenditures reported in the state’s annual financial statements.
Programs material to the State of Minnesota’s financial statements and to federal program compliance for fiscal year 2004.
The Minnesota Department of Education distributes approximately $7 billion in state and federal school aid.
Office of the Legislative Auditor ♦ Room 140, 658 Cedar St., St. Paul, MN 55155