Auditor finds room for improvement on Legacy funds
ST. PAUL, Minn. (AP) — The Legislative Auditor has found room for improvement in how Minnesota manages hundreds of millions of dollars in Legacy Amendment funds.
Voters approved the Legacy Amendment in 2008. It raised the state sales tax to pay for projects in four areas: the outdoors, clean water, arts and culture, and parks and trails. It has raised more than $450 million so far.
One of the two reports released Wednesday says implementing the amendment is a work in progress.
Some key recommendations are better ways to ensure the money is used to supplement spending on projects rather than to substitute for traditional funding sources, better safeguards against excessive administrative costs, and better conflict-of-interest protections.
The other report says internal controls are mostly adequate to ensure the money is spent for intended purposes.
Legislative Auditor: http://www.auditor.leg.state.mn.us
Legacy Amendment site: http://www.legacy.leg.mn
Copyright 2011 The Associated Press.