|Financial Audit Division Report 10-13||Released April 6, 2010|
The Minnesota State Board of Investment’s (SBI) financial statements for the Supplemental Investment Fund and the Post Retirement Investment Fund were fairly presented in all material respects. However, SBI had a weakness in internal control over financial reporting, as noted below.
We audited SBI’s Supplemental Investment Fund and Post Retirement Investment Fund financial statements for the fiscal year ended June 30, 2009.
Office of the Legislative Auditor ♦ Room 140, 658 Cedar St., St. Paul, MN 55155