Financial Audit Report
Winona State University operated within available financial resources. Except as noted below, the university operated in compliance with applicable legal provisions and its internal controls provided reasonable assurance that assets were safeguarded and financial activities were properly recorded.
Winona State University is a part of the Minnesota State Colleges and University (MnSCU) System. This audit report represents the conclusions of our audit of the university's tuition and fees, payroll, supplies, repairs and alterations, purchased services and equipment, bookstore operations, and private grants for the period from July 1, 1996, through December 31, 1999. We also reviewed the university's internal controls over compliance with federal student financial aid for fiscal year 2000. The university's response is included in the report.