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3 golden objects Minnesota Legislature

Office of the Legislative Auditor - Financial Audit Division

Report Summary
Department of Trade and Economic Development

Programs Selected For

Fiscal Year 1993 Statewide Audit

 

Public Release Date: March 9, 1994 No. 94-04

Objectives

Evaluate internal control structure: Water Pollution Control Revolving Fund (CFDA #66.458) revenues and expenditures, cash and investments, loans receivable, and revenue bonds payable; Community Development Block Grant (CFDA #14.228) revenues and expenditures; Hospital Equipment Loan Program cash and investments, loans receivable, and revenue bonds payable; and Minnesota Agricultural and Economic Development Board cash and investments, loans receivable, and revenue bonds payable.

Test compliance with certain finance-related legal provisions.

Conclusions

We found the internal control structure to be effective.

We found no departures from finance-related legal provisions.