 |
YELLOW SHEET Office of the State Auditor of Missouri |
April 9, 2004
Report No. 2004-28
The following report is our audit of the Children's Trust Fund Board.
The
State Auditor conducted a financial and compliance audit of the Children�s
Trust Fund Board (CTFB) for the two years ended June 30, 2003.� The State Auditor issued an unqualified
opinion on the board�s financial statements.�
In addition, the audit did not note any material instances of noncompliance
nor any material weaknesses in internal controls. The State Auditor conducts
this regular audit as a voluntary service as requested by the Children�s Trust
Fund Board.
The
CTFB was established by state statute to provide child abuse and neglect public
awareness programs throughout the state.�
Under statutory provisions, any individual or corporation may designate
a part or all of his/her income tax refund to be contributed to the Children�s
Trust Fund.� Additional funding is
derived from contributions made directly to the Children�s Trust Fund, fees on
marriage licenses, certified copies of marriage licenses, vital records, and
federal grants.� Program disbursements of
$2.6 and $3.0 million were distributed to recipient programs in fiscal years
2003 and 2002 respectively.�
During
our audit, we noted the CTFB did not adequately monitor the home visitation
services contracts.� The CTFB disbursed
approximately $363,000 and $361,500 related to these contracts during fiscal
year 2003 and fiscal year 2002, respectively.
