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3 golden objects Minnesota Legislature

Office of the Legislative Auditor - Financial Audit Division

Report Summary
Minnesota Board of Veterinary Medicine


Financial Audit Division Report 05-04 Released January 27, 2005


  • The Minnesota Board of Veterinary Medicine needs to develop mitigating controls to ensure the propriety of its disbursements and needs to further restrict access to its business systems.
  • The board complied with legal provisions for the items tested. The board did not collect fees sufficient to cover its costs for the fiscal year ended June 30, 2003; however, the under recovery was about three percent of biennial revenues which we concluded was reasonable.

The report contained one finding relating to internal control. The office resolved all findings included in our prior audit report.

Audit Scope:

Audit Period:
July 1, 2000, through June 30, 2003

Programs Audited:
  • Licensing and Fee Receipts
  • Payroll Expenditures
  • Administrative Expenditures

Agency Background:

The board regulates the licensing of veterinarians engaged in practice in the state of Minnesota. In fiscal year 2003, the board collected approximately $288,000 and incurred $321,000 in both direct and indirect costs. During that time, the board processed about 2,800 licenses.

More Information

Office of the Legislative Auditor, Room 140, 658 Cedar St., St. Paul, MN 55155 : or 651‑296‑4708