Report No. 2008-34
June 2008
Complete Audit Report

The following report is our audit of the Children's Trust Fund Board.

Some costs allocated to the Children’s Trust Fund (CTF) may not be allowable. During the year ended June 30, 2007, costs allocated included the Office of Administration (OA), the offices of the Governor, Lieutenant Governor, Secretary of State, State Auditor, and Attorney General, the General Assembly, the Capitol Police, and the Department of Revenue (DOR). During the year ended June 30, 2006, costs were allocated as previously noted with the addition of the State Treasurer’s Office and the exception of Capitol Police costs. State law specifically allows that monies may be appropriated from the CTF for costs incurred by the DOR and OA, but no mention is made in state law of the other offices and agencies. Based upon expenditures allowed by state law, it is questionable whether costs allocated to the CTF totaling $19,040 and $17,377 during the years ended June 30, 2007 and 2006, respectively, for offices other than the DOR and the OA are allowable.

Complete Audit Report
Missouri State Auditor's Office
moaudit@auditor.mo.gov