Office of the Legislative Auditor - Financial Audit Division
Metropolitan Sports Facilities Commission
For the Year Ended December 31, 2001
Key Audit Conclusions:
The financial statements of the Metropolitan Sports Facilities Commission for the year ended December 31, 2001, were fairly presented, in all material respects, in accordance with generally accepted accounting principles.
We did not identify any instances of noncompliance with legal provisions that could have significantly affected the commission's financial statements.
We did not report any written findings or recommendations to the commission for improving internal controls over financial reporting.
The Metropolitan Sports Facilities Commission operates the Hubert H. Humphrey Metrodome. The commission earned almost $33.3 million in operating revenues during 2001 and had total assets of about $65 million on December 31, 2001.