|Financial Audit Division Report 07-33||Released November 28, 2007|
The Minnesota Board of Water and Soil Resources generally complied with the finance-related legal provisions we tested. However, the board did not have adequate internal controls over certain financial processes.
The report contains 15 findings related to internal control and legal compliance. Our prior audit report (2004) contained three findings. One finding was resolved, while the other two are repeated in this report.
The Minnesota Board of Water and Soil Resources assists local government units in managing water and soil resources by providing technical, administrative, and financial assistance. The state’s General Fund is the primary source of funding for the board’s grant programs. The board also receives bonding money for the purchase of easements. The majority of the funds pass through to local governments that administer state policies and programs for which the agency is responsible. During the four-year audit period, the board spent approximately $25 million annually.