|Financial Audit Division Report 11-27
|Released November 30, 2011
The selected internal controls at the organizations we reviewed were generally adequate to ensure that the organizations used money appropriated from Legacy funds for the purposes authorized in the Legacy Amendment and applicable state laws; safeguarded financial resources; accurately paid employees, vendors, and grantees in accordance with managements’ authorizations; complied with finance-related legal provisions; and created reliable financial data. For the items tested, the organizations generally complied with significant finance-related legal requirements.
However, the state agencies1 we reviewed had some internal control weaknesses and instances of noncompliance, as discussed in the report’s findings.
|July 1, 2009, through January 31, 2011
|Legacy Funds Included
|Financial Areas Audited