CAFR

Supplement to the CAFR

The Comparison of Budget and Actual Revenues, Expenditures, and Change in Fund Balances ( i.e Supplement to he CAFR ) is required by generally accepted accounting principles (GAAP). GAAP requires budgetary reporting at the legal level of control, and this report provides the required level of detail in budgetary reporting. The purpose of this reports is to demonstrate that spending by state agencies was within the authorized limits and in compliance with appropriation laws. These schedules provide a more detailed version of the budget and actual statemnts included in the state's CAFR.

Single Audit Report

 The Financial and Compliance Report on Federally Assisted Program includes all federal assistance received by the state agencies determined to be a part of the State of Minnesota's primary goverment. This report supplements the state's CAFR and includes financial information on federal programs.