|Financial Audit Division Report 07-09||Released March 23, 2007|
Programs material to the State of Minnesota’s financial statements and to federal program compliance for fiscal year 2006Selected Audit Areas:
The Department of Transportation maintains over $7.3 billion in state highway infrastructure and right of way assets. During the fiscal year ended June 30, 2006, expenditures for infrastructure and right of way were $452 million and $110 million, respectively. These costs are funded in part by federal grant funds.