|Financial Audit Division Report 06-31||Released November 21, 2006|
The Minnesota Veterans Home – Silver Bay (Home) did not reconcile recorded resident cost of care payments with actual receipts collected and deposited.
The Home did not pursue the collection of delinquent receivable balances from former residents.
The Home did not adequately segregate incompatible duties in the area of resident accounts.
The Home did not always promptly deposit gift receipts.
The Home did not reconcile gift receipts recorded on its internal accounting system with the state’s accounting system.
The Minnesota Veterans Home – Silver Bay operates as a skilled nursing care facility for eligible veterans. The Home has a capacity of 87 residents. The Home had available operating resources of $7.7 million during fiscal year 2006 and spent $7.1 million.