Report Summary
Minnesota Veteran's Home - Hastings
Financial Audit
For the Three Years Ended June 30, 1993
| Public Release Date: September 1, 1994 |
No. 94-40 |
Objectives
-
Assess Internal Control Structure: Maintenance charge revenue,
employee payroll, designated contribution revenue and
expenditures, dedicated resource revenue and expenditures, and
resident account revenues and expenditures.
-
Test Compliance with certain Finance-Related Legal Provisions.
Conclusions
We found three areas where the internal control structure needed
improvement:
-
Recordkeeping for designated contributions need improvement,
particularly to track donations designated for a specific purpose.
-
An inadequate separation of duties exists for payroll processing.
-
Internal procedures for assessing interest on delinquent
maintenance accounts need improvement.
We found three areas of potential noncompliance with finance-related
legal provisions:
-
The home inappropriately accumulated excess funds in its dedicated
resources account and expended $228,000 on questionable projects.
We have referred this issue to the Attorney General for
resolution.
-
The home improperly allowed private organizations to maintain
funds in the state treasury.
-
The home did not assess interest on delinquent maintenance
accounts as provided by Minnesota Agency Rules.
