__________________
State of Wisconsin
Legislative Audit Bureau
Madison
December 11, 2008
To the Honorable, the Assembly:
We have completed a financial audit of the State of Wisconsin as of and for the fiscal year ended June 30, 2008. The financial statements and related opinion are included in the State of Wisconsin's Comprehensive Annual Financial Report, which is published by the Department of Administration.
During the course of our audit, we identified a variety of internal control concerns at various state agencies that are required to be reported under Government Auditing Standards. As provided for in those standards, we are furnishing you with the Independent Auditor's Report on Internal Control over Financial Reporting and on Compliance and Other Matters. The state agencies' responses to our concerns and recommendations are included in the text of the report so that readers may see the State's intended resolution of the matters discussed. In future audits, we will determine the extent to which findings in the report have been resolved.
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We appreciate the courtesy and cooperation extended to us by the Department of Administration and other state agencies during the audit.
Sincerely,
JANICE MUELLER
State Auditor
__________________
State of Wisconsin
Legislative Audit Bureau
Madison
December 19, 2008
To the Honorable, the Assembly:
We have completed a financial audit of the Wisconsin Public Broadcasting Foundation, Inc.'s Television Fund and Radio Fund, as requested by the Wisconsin Educational Communications Board. The Foundation was organized by the Educational Communications Board under s.
39.12 and ch.
181, Wis. Stats., on September 29, 1983, for the exclusive purpose of raising funds for the Wisconsin educational television and radio networks.
We completed this audit in conjunction with our audits of the Wisconsin Educational Communications Board television and radio networks, reports 08-16 and 08-17. The Foundation's financial operations are separate and independent from the State of Wisconsin. The Foundation's financial statements are presented in two separate funds (radio and television) to accommodate reporting requirements and the Educational Communications Board's desire to maintain the funds separately.
Our audit report contains the Foundation's financial statements and related notes as of and for the periods ending June 30, 2008, and June 30, 2007. We were able to issue an unqualified independent auditor's report on these statements.
We appreciate the courtesy and cooperation extended to us by Educational Communications Board staff during the audit.
Respectfully submitted,
JANICE MUELLER
State Auditor
__________________
State of Wisconsin
Legislative Audit Bureau
Madison
December 19, 2008
To the Honorable, the Assembly:
We have completed a financial audit of the State of Wisconsin Educational Communications Board (ECB) Television Network to meet our audit requirements under s.
13.94, Wis. Stats., and as requested by ECB to fulfill the audit requirements of the Corporation for Public Broadcasting. The Corporation requires audited financial statements of public broadcasting entities to determine future funding levels.
ECB, which is an agency of the State of Wisconsin, operates a television network of 5 digital stations and 5 analog stations, as well as a radio network of 13 FM stations and 1 AM station. The ECB Television Network reported $10.3 million in support and revenue during fiscal year (FY) 2007-08, including state support, member contributions, funding from the Corporation for Public Broadcasting, and various other grants.
Our audit report contains the ECB Television Network's financial statements and related notes as of and for the periods ending June 30, 2008, and June 30, 2007. We were able to issue an unqualified independent auditor's report on these statements.
We appreciate the courtesy and cooperation extended to us by ECB staff during the audit.
Respectfully submitted,
JANICE MUELLER
State Auditor
__________________
State of Wisconsin
Legislative Audit Bureau
Madison
December 19, 2008
To the Honorable, the Assembly:
We have completed a financial audit of the State of Wisconsin Educational Communications Board (ECB) Radio Network to meet our audit requirements under s.
13.94, Wis. Stats., and as requested by ECB to fulfill the audit requirements of the Corporation for Public Broadcasting. The Corporation requires audited financial statements of public broadcasting entities to determine future funding levels.
ECB, which is an agency of the State of Wisconsin, operates a radio network of 13 FM stations and 1 AM station, as well as a television network of 5 digital stations and 5 analog stations. The ECB Radio Network reported $9.2 million in support and revenue during fiscal year (FY) 2007-08, including state support, member contributions, funding from the Corporation for Public Broadcasting, and various other grants.
Our audit report contains the ECB Radio Network's financial statements and related notes as of and for the periods ending June 30, 2008, and June 30, 2007. We were able to issue an unqualified independent auditor's report on these statements.
We appreciate the courtesy and cooperation extended to us by ECB staff during the audit.
Respectfully submitted,
JANICE MUELLER
State Auditor
