Montana Single Audit Report, Financial-Compliance Audit for the Two Fiscal Years Ended .. 1998
The book Montana Single Audit Report, Financial-Compliance Audit for the Two Fiscal Years Ended .. 1998 was written by author Montana. Legislature. Legislative Audit Division Here you can read free online of Montana Single Audit Report, Financial-Compliance Audit for the Two Fiscal Years Ended .. 1998 book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is Montana Single Audit Report, Financial-Compliance Audit for the Two Fiscal Years Ended .. 1998 a good or bad book?
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Page D-27 Montana Arts Council Montana Arts Council Schedule of Average Cash Balances Expenditur es, and Interest Earned Account Basic State Grant $79,598 Art in Education 30,633 Miscellaneous Grants 68 773 Estimated Total Interest Earned Average Cash Average Expenditures $27,695 3,891 14.913 Interest Earned * $6,352 2,316 5.199 $13.867* * Computed using an annual interest factor of 5.04 percent which is the State Treasurer's Fund Yield for fiscal year 1996 as determined by the State Board of I...nvestments. Source: Compiled by the Legislative Audit Division from SB AS. The council's Executive Director said they drew large amounts of federal cash in fiscal year 1996 because they were concerned about the backlog of requests due to federal government shutdowns and winter storms. In addition, the director was concerned about threats that were made in Congress to eliminate all funding for the NEA immediately. The council accountant said increased work loads, staff reductions, and demands of the 1997 legislative session contri- buted to the lack of monitoring cash balances in fiscal years 1995-96 and 1996-97.
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