State Board of Investment
For the Year Ended June 30, 1993
|Public Release Date: May 26, 1994
- Examine the Board's Financial Statements
- Evaluate 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.