Office of the Legislative Auditor - Financial Audit Division
Report Summary Agricultural Utilization Research Institute
Financial Audit Division Report 04-32
Released August 20, 2004
The institute properly compensated its employees in accordance with board policy, and its internal controls provided reasonable assurance that grants were in compliance with applicable board policies and management’s authorization.
The audit report contained no audit findings relating to internal control and legal compliance. The organization resolved all findings included in our prior audit report.
October 1, 2000 to September 30, 2003
The Agricultural Utilization Research Institute was established by the Minnesota Legislature in 1989. The institute promotes new markets, products, and product uses, as well as the expansion of existing markets for the state’s agricultural commodities and products. The institute received a $2.84 million General Fund appropriation in fiscal year 2003.