Minnesota West Community and Technical College's budgetary controls provided reasonable assurance that it operated within available resources. The college timely completed key state treasury and bank reconciliations to ensure that financial activities were accurately recorded in the accounting records. The college's internal controls provided reasonable assurance that state treasury and bank account financial activities were adequately safeguarded and in compliance with applicable legal provisions and management's authorization.
Key Findings and Recommendations
Minnesota West Community and Technical College is located at five southwestern Minnesota campuses located in Canby, Granite Falls, Jackson, Pipestone, and Worthington. The college's enrollment is approximately 2,000 students. Dr. Ronald Wood was appointed the college president in July 1998.
Minnesota West Community and Technical College is part of the Minnesota State Colleges and Universities (MnSCU) system. This audit report focused on financial management, tuition, fees, customized training, payroll, operating expenditures, and the bookstore for the period July 1, 1998, through June 30, 2001.