|Financial Audit Division Report 06-26||Released September 28, 2006|
The Minnesota Department of Education’s (Education) internal controls provided assurance that it correctly recorded employee payroll, fee and license receipts, and American Indian scholarship payments in the accounting system. However, we identified several findings with Education’s internal controls or compliance with financial-related legal provisions, as follows.
The Minnesota Department of Education is responsible for establishing educational standards for grades kindergarten through twelfth grade. The expenditure programs covered in the scope of this audit totaled about $34.9 million in fiscal year 2005. Fiscal year 2005 license and fee revenues amounted to about $2.5 million. (We annually audit the department’s largest expenditures, consisting of state and federal assistance to school districts, during the audit of the state’s financial statements. Those programs totaled about $6.6 billion in fiscal year 2005.)