- The Department of Employment and Economic Development (DEED) did not adequately restrict access to the Trade Adjustment Assistance Program’s computer system, allowing several staff with unnecessary ability to change benefit payments.
- DEED did not implement effective procedures clarifying when security interest filings are required and documenting collection efforts on delinquent Indian business loans.
|The audit report contained two audit findings related to internal controls and finance-related legal compliance.
Selected Audit Areas:
Fiscal Years 2002 – 2004
- Trade Adjustment Assistance (TAA) Program Benefits
- Indian Business Loan Program
- Unemployment Insurance Employer Receivables
DEED is Minnesota's principal economic development agency. It manages the unemployment insurance, which collects an employer payroll tax and pays benefits to laid-off workers. DEED also administers several federal programs and a variety of economic development loans.