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SUMMARY OF: State of Alaska, Single Audit for the Fiscal Year Ended June 30, 2023   Purpose of the Report This report summarizes our review of the State of Alaska’s basic financial statements and the State’s compliance with federal laws and regulations in the administration of approximately $5.7 billion of federal financial assistance programs. The audit was conducted in accordance with auditing standards generally accepted in the United States of America and Government Auditing Standards, issued by the Comptroller General of the United States. It also complies with the federal Single Audit Act Amendments of 1996 and the related United States Office of Management and Budget Uniform Guidance.   The report contains opinions on the basic financial statements of the State of Alaska for FY 23, findings and recommendations on financial and compliance matters, auditor’s reports on internal controls and compliance, the Schedule of Expenditures of Federal Awards, and the Summary Schedule of Prior Audit Findings. Report Conclusions The Alaska International Airports Fund FY 23 audit was not available at the time the State’s financial statement opinions were issued. As a result, we were unable to obtain evidence that the major enterprise fund’s amounts are properly reported as included in the statements of financial position, changes in financial position, and cash flows. With the exception of the Pandemic Electronic Benefit Transfer Food Benefits program, the Supplemental Nutrition Assistance program cluster, the Education Stabilization Fund, the Temporary Assistance for Needy Families program, the Low-Income Home Energy Assistance program, and the Fire Management Assistance grant, the State has substantially complied with the applicable laws and regulations in the administration of its major federal financial assistance programs. The report does contain findings regarding material weaknesses and significant deficiencies in the State’s internal control over financial reporting and internal control over federal compliance. Findings and Recommendations This report contains 71 findings, of which 31 are unresolved issues from last year. Some of the recommendations made in this report require significant changes in procedures, additional resources, or a shifting of priorities and, therefore, may take more than one year to implement. The Summary Schedule of Prior Audit Findings in Section III identifies the current status of prior financial and federal program related audit findings not resolved as of June 30, …

SUMMARY OF: State of Alaska, Single Audit for the Fiscal Year Ended June 30, 2022   Purpose of the Report This report summarizes our review of the State of Alaska’s basic financial statements and the State’s compliance with federal laws and regulations in the administration of approximately $6.1 billion of federal financial assistance programs. The audit was conducted in accordance with auditing standards generally accepted in the United States of America and Government Auditing Standards, issued by the Comptroller General of the United States. It also complies with the federal Single Audit Act Amendments of 1996 and the related United States Office of Management and Budget Uniform Guidance. The report contains opinions on the basic financial statements of the State of Alaska for FY 22, findings and recommendations on financial and compliance matters, auditor’s reports on internal controls and compliance, the Schedule of Expenditures of Federal Awards, and the Summary Schedule of Prior Audit Findings. Report Conclusions The Alaska International Airports Fund FY 22 audit was not available at the time the State’s financial statement opinions were issued. As a result, we were unable to obtain evidence that the major enterprise fund’s amounts are properly reported as included in the statement of financial position, changes in financial position, and cash flows. Further, the General Fund expenditures and Note 2 relating to the State’s Constitutional Budget Reserve Fund were found to be misstated. With the exception of the Supplemental Nutrition Assistance program cluster, the Education Stabilization Fund, the Temporary Assistance for Needy Families program, the Children’s Health Insurance program, and the Medicaid cluster, the State has substantially complied with the applicable laws and regulations in the administration of its major federal financial assistance programs. We were unable to obtain sufficient appropriate audit evidence supporting the State’s compliance with Period of Performance requirements applicable to the Low-Income Home Energy Assistance program. The report does contain findings regarding material noncompliance with the provisions of laws and regulations, and material weaknesses and significant deficiencies in the State’s internal control over financial reporting and internal control over federal compliance. Findings and Recommendations This report contains 84 findings, of which 39 are unresolved issues from last year. Some of the recommendations made in this report require significant changes in procedures, additional resources, or a shifting of priorities and, therefore, may take more than one year to implement. The Summary Schedule of Prior Audit Findings in Section III identifies the current status of prior financial and federal program related audit findings not resolved as of June 30, …

SUMMARY OF: State of Alaska, Single Audit for the Fiscal Year Ended June 30, 2021   Purpose of the Report This report summarizes our review of the State of Alaska’s basic financial statements and the State’s compliance with federal laws and regulations in the administration of approximately $6.2 billion of federal financial assistance programs. The audit was conducted in accordance with auditing standards generally accepted in the United States of America and Government Auditing Standards, issued by the Comptroller General of the United States. It also complies with the federal Single Audit Act Amendments of 1996 and the related United States Office of Management and Budget Uniform Guidance. The report contains an opinion on the basic financial statements of the State of Alaska for FY 21, findings and recommendations on financial and compliance matters, auditor’s reports on internal controls and compliance, the Schedule of Expenditures of Federal Awards, and the Summary Schedule of Prior Audit Findings. Report Conclusions With the exception of General Fund rents and royalties and fund balances, and Note 2 relating to the State’s Constitutional Budget Reserve Fund, the basic financial statements for the State of Alaska are fairly presented in accordance with accounting principles generally accepted in the United States of America. With the exception of the Denali Commission program, the Temporary Assistance for Needy Families program, the Children’s Health Insurance program, the Medicaid cluster, and the Presidential Declared Disaster Assistance to Individuals and Households-Other Needs program, the State has substantially complied with the applicable laws and regulations in the administration of its major federal financial assistance programs. The report does contain findings regarding material noncompliance with the provisions of laws and regulations, and material weaknesses and significant deficiencies in the State’s internal control over financial reporting and internal control over federal compliance. Findings and Recommendations This report contains 75 findings, of which 35 are unresolved issues from last year. Some of the recommendations made in this report require significant changes in procedures, additional resources, or a shifting of priorities and, therefore, may take more than one year to implement. The Summary Schedule of Prior Audit Findings in Section III identifies the current status of prior financial and federal program related audit findings not resolved as of June 30, …

SUMMARY OF: State of Alaska, Single Audit for the Fiscal Year Ended June 30, 2020   Purpose of the Report This report summarizes our review of the State of Alaska’s basic financial statements and the State’s compliance with federal laws and regulations in the administration of approximately $4.7 billion of federal financial assistance programs. The audit was conducted in accordance with auditing standards generally accepted in the United States of America and Government Auditing Standards, issued by the Comptroller General of the United States. It also complies with the federal Single Audit Act Amendments of 1996 and the related United States Office of Management and Budget Uniform Guidance. The report contains an opinion on the basic financial statements of the State of Alaska for FY 20, findings and recommendations on financial and compliance matters, auditor’s reports on internal controls and compliance, the Schedule of Expenditures of Federal Awards, and the Summary Schedule of Prior Audit Findings.   Report Conclusions With the exception of General Fund rents and royalties and Note 2 relating to the State’s Constitutional Budget Reserve Fund, the basic financial statements for the State of Alaska are fairly presented in accordance with accounting principles generally accepted in the United States of America. With the exception of the Bureau of Land Management Fire Suppression program, the Coronavirus Relief Fund, the Temporary Assistance for Needy Families program, the Children’s Health Insurance program, and the Medicaid cluster, the State has substantially complied with the applicable laws and regulations in the administration of its major federal financial assistance programs. The report does contain findings regarding material noncompliance with the provisions of laws and regulations, and material weaknesses and significant deficiencies in the State’s internal control over financial reporting and internal control over federal compliance.   Findings and Recommendations This report contains 94 findings, of which 41 are unresolved issues from last year. Some of the recommendations made in this report require significant changes in procedures, additional resources, or a shifting of priorities and, therefore, may take more than one year to implement. The Summary Schedule of Prior Audit Findings in Section III identifies the current status of prior financial and federal program related audit findings not resolved as of June 30, 2020. …

SUMMARY OF: State of Alaska, Single Audit for the Fiscal Year Ended June 30, 2019   Purpose of the Report This report summarizes our review of the State of Alaska’s basic financial statements and the State’s compliance with federal laws and regulations in the administration of approximately $4.5 billion of federal financial assistance programs. The audit was conducted in accordance with auditing standards generally accepted in the United States of America and Government Auditing Standards, issued by the Comptroller General of the United States. It also complies with the federal Single Audit Act Amendments of 1996 and the related United States Office of Management and Budget Uniform Guidance. The report contains an opinion on the basic financial statements of the State of Alaska for FY 19, findings and recommendations on financial and compliance matters, auditor’s reports on internal controls and compliance, the Schedule of Expenditures of Federal Awards, and the Summary of Prior Audit Findings. Report Conclusions With the exception of General Fund accounts rents and royalties and due to other funds, and Note 2 relating to the State’s Constitutional Budget Reserve Fund, the basic financial statements for the State of Alaska are fairly presented in accordance with accounting principles generally accepted in the United States of America. We were unable to obtain sufficient appropriate audit evidence to provide assurance over tax revenues. Department of Revenue management denied auditors access to relevant financial records and the department’s commissioner refused to provide written representations over the financial statement preparation and fair presentation of tax revenue accounts, and the completeness of information provided to auditors. With the exception of the United States Forest Service Fire Suppression program, the Bureau of Land Management Fire Suppression program, the Temporary Assistance for Needy Families cluster, the Medicaid cluster, and the Children’s Health Insurance program, the State has substantially complied with the applicable laws and regulations in the administration of its major federal financial assistance programs. The report does contain findings regarding material noncompliance with the provisions of laws and regulations, and material weaknesses and significant deficiencies in the State’s internal control over financial reporting and internal control over federal compliance.   Findings and Recommendations This report contains 89 findings, of which 35 are unresolved issues from last year. Some of the recommendations made in this report require significant changes in procedures or a shifting of priorities and, therefore, may take more than one year to implement. The Summary Schedule of Prior Audit Findings in Section III identifies the current status of prior financial and federal program related audit findings not resolved as of June 30, …

SUMMARY OF: State of Alaska, Single Audit for the Fiscal Year Ended June 30, 2018 Purpose of the Report This report summarizes our review of the State of Alaska’s basic financial statements and the State’s compliance with federal laws and regulations in the administration of approximately $4.3 billion of federal financial assistance programs. The audit was conducted in accordance with auditing standards generally accepted in the United States of America and Government Auditing Standards, issued by the Comptroller General of the United States. It also complies with the federal Single Audit Act Amendments of 1996 and the related United States Office of Management and Budget Uniform Guidance. The report contains an opinion on the basic financial statements of the State of Alaska for FY 18, findings and recommendations on financial and compliance matters, auditor’s reports on internal controls and compliance, the Schedule of Expenditures of Federal Awards, and the Summary of Prior Audit Findings. Report Conclusions With the exception of General Fund accounts rents and royalties and due to other funds, and Note 2 relating to the State’s Constitutional Budget Reserve Fund, the basic financial statements for the State of Alaska are fairly presented in accordance with accounting principles generally accepted in the United States of America. With the exception of the United States Forest Service Fire Suppression program, the Bureau of Land Management Fire Suppression program, the 1332 State Innovation Waivers program, and the Temporary Assistance for Needy Families Cluster, the State has substantially complied with the applicable laws and regulations in the administration of its major federal financial assistance programs. The report does contain findings regarding material noncompliance with the provisions of laws and regulations, and material weaknesses and significant deficiencies in the State’s internal control over financial reporting and internal control over federal compliance. Findings and Recommendations This report contains 74 findings, of which 28 are unresolved issues from last year. Some of the recommendations made in this report require significant changes in procedures or a shifting of priorities and, therefore, may take more than one year to implement. The Summary Schedule of Prior Audit Findings in Section III identifies the current status of prior financial and federal program related audit findings not resolved as of June 30, …

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SUMMARY OF: State of Alaska, Single Audit for the Fiscal Year Ended June 30, 2015 (Reissue) Purpose of the Report This report summarizes our review of the State of Alaska’s basic financial statements and the State’s compliance with federal laws and regulations in the administration of approximately $3.1 billion of federal financial assistance programs. The audit was conducted in accordance with auditing standards generally accepted in the United States of America and Government Auditing Standards, issued by the Comptroller General of the United States. It also complies with the federal Single Audit Act Amendments of 1996 and the related United States Office of Management and Budget Circular A-133. The report contains an opinion on the basic financial statements of the State of Alaska for FY 15, recommendations on financial and compliance matters, auditor’s reports on internal controls and compliance, the Schedule of Expenditures of Federal Awards, and the Summary of Prior Audit Findings. Report Conclusions The basic financial statements for the State of Alaska are fairly presented in accordance with accounting principles generally accepted in the United States of America without qualification. The State of Alaska did not comply with the Activities Allowed or Unallowed, and the Procurement, Suspension and Debarment requirements applicable to the Distribution of Receipts to State and Local Governments program (DRSLG; CFDA 15.227) administered by the Department of Commerce, Community, and Economic Development. Failure to comply with these requirements resulted in material noncompliance for the DRSLG program. The State has substantially complied with the applicable laws and regulations in the administration of its other major federal financial assistance programs. The report does contain recommendations regarding material weaknesses and significant deficiencies in the State’s internal control over financial reporting and internal control over compliance. Findings and Recommendations This report contains 44 recommendations, of which 12 are unresolved issues from last year. Of the 44 recommendations included in this report, one is made to Alaska Housing Finance Corporation and one to the University of Alaska whose audits were performed by other auditors. Also included in this year’s recommendations are eight recommendations made to the Department of Health and Social Services whose major federal programs were audited by other auditors. Some of the recommendations made in this report require significant changes in procedures or a shifting of priorities and, therefore, may take more than one year to implement. The Summary Schedule of Prior Audit Findings in Section III identifies the current status of federal program related prior audit recommendations not resolved as of June 30, …

SUMMARY OF: State of Alaska, Single Audit for the Fiscal Year Ended June 30, 2016 Purpose of the Report This report summarizes our review of the State of Alaska’s basic financial statements and the State’s compliance with federal laws and regulations in the administration of approximately $4.1 billion of federal financial assistance programs. The audit was conducted in accordance with auditing standards generally accepted in the United States of America and Government Auditing Standards, issued by the Comptroller General of the United States. It also complies with the federal Single Audit Act Amendments of 1996 and the related United States Office of Management and Budget Uniform Guidance. The report contains an opinion on the basic financial statements of the State of Alaska for FY 16, recommendations on financial and compliance matters, auditor’s reports on internal controls and compliance, the Schedule of Expenditures of Federal Awards, and the Summary of Prior Audit Findings. Report Conclusions The basic financial statements for the State of Alaska are fairly presented in accordance with accounting principles generally accepted in the United States of America without qualification. The State has substantially complied with the applicable laws and regulations in the administration of its major federal financial assistance programs. The report does contain recommendations regarding material weaknesses and significant deficiencies in the State’s internal control over financial reporting and internal control over compliance. Findings and Recommendations This report contains 63 recommendations, of which 15 are unresolved issues from last year. Of the 63 recommendations included in this report, 11 recommendations are made to the Department of Health and Social Services whose major federal programs were audited by other auditors. Some of the recommendations made in this report require significant changes in procedures or a shifting of priorities and, therefore, may take more than one year to implement. The Summary Schedule of Prior Audit Findings in Section III identifies the current status of financial and federal program related prior audit recommendations not resolved as of June 30, …

SUMMARY OF: State of Alaska, Single Audit for the Fiscal Year Ended June 30, 2014 Purpose of the Report This report summarizes our review of the State of Alaska’s basic financial statements and the State’s compliance with federal laws and regulations in the administration of approximately $3.1 billion of federal financial assistance programs. The audit was conducted in accordance with auditing standards generally accepted in the United States of America and Government Auditing Standards, issued by the Comptroller General of the United States. It also complies with the federal Single Audit Act Amendments of 1996 and the related United States Office of Management and Budget Circular A-133. The report contains an opinion on the basic financial statements of the State of Alaska for FY 14, recommendations on financial and compliance matters, auditor’s reports on internal controls and compliance, the Schedule of Expenditures of Federal Awards, and the Summary of Prior Audit Findings. Report Conclusions The basic financial statements for the State of Alaska are fairly presented in accordance with accounting principles generally accepted in the United States of America without qualification, except for the Governmental Activities and General Fund financial statements which are qualified. We were unable to obtain sufficient appropriate audit evidence to support an opinion on the expenditures for Medicaid and Children’s Health Insurance Program services and related revenues as of June 30 2014. Medicaid information systems controls were not effective during the fiscal year ended June 30, 2014. (See Recommendation No. 2014-021.) We were unable to obtain sufficient appropriate audit evidence to support the State of Alaska’s compliance with the Allowable Costs and Eligibility requirements applicable to the Medicaid Cluster and Children’s Health Insurance Program administered by the Department of Health and Social Services. (See Recommendation No. 2014-019.) Failure to comply with these compliance requirements resulted in a material weakness for Medicaid and the Children’s Health Insurance Program. The State has substantially complied with applicable laws and regulations in the administration of its other major federal financial assistance programs. The report does contain recommendations regarding significant deficiencies in the State’s internal control over financial statements and federal programs. Findings and Recommendations This report contains 43 recommendations, of which 17 are unresolved issues from last year. Three of the 43 recommendations are made to Alaska Housing Finance Corporation, one is made to the University of Alaska, and two are made to the Department of Environmental Conservation whose audits were performed by other auditors. Some of the recommendations made in this report require significant changes in procedures or a shifting of priorities, and therefore, may take more than one year to implement. The Summary Schedule of Prior Audit Findings in Section III identifies the current status of most prior audit recommendations not resolved by the release of the FY 14 statewide single …

SUMMARY OF: State of Alaska, Single Audit for the Fiscal Year Ended June 30, 2013 Purpose of the Report This report summarizes our review of the State of Alaska’s basic financial statements and the State’s compliance with federal laws and regulations in the administration of approximately $3.3 billion of federal financial assistance programs. The audit was conducted in accordance with auditing standards generally accepted in the United States of America and Government Auditing Standards, issued by the Comptroller General of the United States. It also complies with the federal Single Audit Act Amendments of 1996 and the related United States Office of Management and Budget Circular A-133. The report contains an opinion on the basic financial statements of the State of Alaska for FY 13, recommendations on financial and compliance matters, auditor’s reports on internal controls and compliance, the Schedule of Expenditures of Federal Awards, and the Summary of Prior Audit Findings. Report Conclusions The basic financial statements for the State of Alaska are fairly presented in accordance with accounting principles generally accepted in the United   States of America without qualification. Additionally, the State’s FY 13 Comprehensive Annual Financial Report includes a Certificate of Achievement for Excellence in Financial Reporting which is presented by the Government Finance Officers Association. The State of Alaska did not comply with Federal Funding Accountability and Transparency Act (FFATA) reporting requirements applicable to the Social Services Block Grant (SSBG; CFDA 93.667) administered by the Department of Health and Social Services. Failure to comply with FFATA reporting requirements resulted in a material weakness and material noncompliance for the SSBG program. The State has substantially complied with the applicable laws and regulations in the administration of its other major federal financial assistance programs. The report does contain recommendations regarding significant deficiencies in the State’s internal control over financial statements and federal programs. Findings and Recommendations This report contains 53 recommendations, of which 20 are unresolved issues from last year. One of the 53 recommendations is made to Alaska Energy Authority whose audit was performed by other auditors. Some of the recommendations made in this report require significant changes in procedures or a shifting of priorities and, therefore, may take more than one year to implement. The Summary Schedule of Prior Audit Findings in Section III identifies the current status of most prior audit recommendations not resolved by the release of the FY 13 statewide single audit.         …

SUMMARY OF: State of Alaska, Single Audit for the Fiscal Year Ended June 30, 2012. Purpose and Scope of the Report This report summarizes our review of the State of Alaska’s basic financial statements and the State’s compliance with federal laws and regulations in the administration of approximately $3.4 billion of federal financial assistance programs. The audit was conducted in accordance with auditing standards generally accepted in the United States of America and Government Auditing Standards, issued by the Comptroller General of the United States. It also complies with the federal Single Audit Act Amendments of 1996 and the related United States Office of Management and Budget Circular A-133. The report contains an opinion on the basic financial statements of the State of Alaska for FY 12, recommendations on financial and compliance matters, auditor’s reports on internal controls and compliance, the Schedule of Expenditures of Federal Awards, and the Summary of Prior Audit Findings. Report Conclusions The basic financial statements for the State of Alaska are fairly presented in accordance with accounting principles generally accepted in the United States of America without qualification. Additionally, the State’s FY 12Comprehensive Annual Financial Report includes a Certificate of Achievement for Excellence in Financial Reporting which is presented by the Government Finance Officers Association. All borrowing from the Constitutional Budget Reserve Fund (CBRF) was completely repaid in FY 10 and no borrowing activity from the CBRF occurred during FY 11 or FY 12. The State of Alaska did not comply with Federal Funding Accountability and Transparency Act (FFATA) reporting requirements applicable to the Social Services Block Grant (SSBG; CFDA 93.667) administered by the Department of Health and Social Services. Failure to comply with FFATA reporting requirements resulted in a material weakness and material noncompliance for the SSBG program. The State has substantially complied with the applicable laws and regulations in the administration of its other major federal financial assistance programs. The report does contain recommendations regarding significant deficiencies in the State’s internal control over financial statements and federal programs. Findings and Recommendations This report contains 41 recommendations, of which 17 are unresolved issues from last year. One of the 41 recommendations is made to Alaska Energy Authority whose audit was performed by other auditors. Some of the recommendations made in this report require significant changes in procedures or a shifting of priorities and, therefore, may take more than one year to implement. The Summary Schedule of Prior Audit Findings in Section III identifies the current status of most prior audit recommendations not resolved by the release of the FY 12 statewide single …

SUMMARY OF: State of Alaska, Single Audit for the Fiscal Year Ended June 30, 2011. Purpose and Scope of the Report This report summarizes our review of the State of Alaska’s basic financial statements and the State’s compliance with federal laws and regulations in the administration of approximately $3.5 billion of federal financial assistance programs. The audit was conducted in accordance with auditing standards generally accepted in the United States of America and Government Auditing Standards, issued by the Comptroller General of the United States. It also complies with the federal Single Audit Act Amendments of 1996 and the related United States Office of Management and Budget Circular A-133. The report contains an opinion on the basic financial statements of the State of Alaska for FY 11, recommendations on financial and compliance matters, auditor’s reports on internal controls and compliance, the Schedule of Expenditures of Federal Awards, and the Summary of Prior Audit Findings. Report Conclusions The basic financial statements for the State of Alaska are fairly presented in accordance with accounting principles generally accepted in the United States of America without qualification. Additionally, the State’s FY 11 Comprehensive Annual Financial Report includes a Certificate of Achievement for Excellence in Financial Reporting which is presented by the Government Finance Officers Association. All borrowing from the Constitutional Budget Reserve Fund (CBRF) was completely repaid in FY 10 and no borrowing activity from the CBRF occurred during FY 11. The State has substantially complied with the applicable laws and regulations in the administration of its major federal financial assistance programs. The report does contain recommendations regarding significant deficiencies in the State’s internal control over financial statements and federal programs; none of the recommendations are considered material weaknesses. Findings and Recommendations This report contains 35 recommendations, of which eleven are unresolved issues from last year. One of the 35 recommendations is made to Alaska Housing Finance Corporation whose audit was performed by other auditors. Some of the recommendations made in this report require significant changes in procedures or a shifting of priorities and, therefore, may take more than one year to implement. The Summary Schedule of Prior Audit Findings in Section III identifies the current status of most prior audit recommendations not resolved by the release of the FY 11 statewide single …

SUMMARY OF: State of Alaska, Single Audit for the Fiscal Year Ended June 30, 2010. Purpose and Scope of the Report This report summarizes our review of the State of Alaska’s basic financial statements and the State’s compliance with federal laws and regulations in the administration of approximately $3.36 billion of federal financial assistance programs. The audit was conducted in accordance with auditing standards generally accepted in the United States of America and Government Auditing Standards, issued by the Comptroller General of the United States. It also complies with the federal Single Audit Act Amendments of 1996 and the related OMB Circular A-133 issued by the U.S. Office of Management and Budget. The report contains: an opinion on the basic financial statement of the State of Alaska for FY 10, recommendations on financial and compliance matters, auditor’s reports on internal controls and compliance, the Schedule of Expenditures of Federal Awards, and the Summary of Prior Audit Findings. Report Conclusions The basic financial statements for the State of Alaska are fairly presented in accordance with accounting principles generally accepted in the United States of America without qualification. The legislature appropriated approximately $400 million from the General Fund to the Constitutional Budget Reserve Fund (CBRF) during FY 10. This represented the entire General Fund obligation to the CBRF. As of June 30, 2010, the CBRF was fully repaid. The State has substantially complied with the applicable laws and regulations in the administration of its major federal financial assistance programs. The report does contain recommendations regarding significant deficiencies in the State’s internal control over financial statements and federal programs; none of the recommendations are considered material weaknesses. Findings and Recommendations This report contains 30 recommendations, of which eight are unresolved issues from last year. Also, four of the recommendations are made to Alaska Housing Finance Corporation whose audit was performed by other auditors. Some of the recommendations made in this report require significant changes in procedures or a shifting of priorities and, therefore, may take more than one year to implement. The Summary Schedule of Prior Audit Findings in Section III identifies the current status of most prior audit recommendations not resolved by the release of the FY 10 statewide single …

SUMMARY OF: State of Alaska, Single Audit for the Fiscal Year Ended June 30, 2009. Purpose and Scope of the Report This report summarizes our review of the State of Alaska’s basic financial statements and the State’s compliance with federal laws and regulations in the administration of approximately $2.81 billion of federal financial assistance programs. The audit was conducted in accordance with auditing standards generally accepted in the United States of America and Government Auditing Standards, issued by the Comptroller General of the United States. It also complies with the federal Single Audit Act Amendments of 1996 and the related Circular A-133 issued by the U.S. Office of Management and Budget. The report contains an opinion on the basic financial statement of the State of Alaska for FY 09, recommendations on financial and compliance matters, auditor’s reports on internal controls and compliance, the Schedule of Expenditures of Federal Awards and the Summary of Prior Audit Findings. Report Conclusions The basic financial statements for the State of Alaska are fairly presented in accordance with accounting principles generally accepted in the United States of America without qualification. Additionally, the State’s FY 08 Comprehensive Annual Financial Report includes a Certificate of Achievement for Excellence in Financial Reporting which is presented by the Government Finance Officers Association. No draw from the Constitutional Budget Reserve Fund (CBRF) was authorized for FY 09. The Legislature appropriated $1.0 billion from the General Fund to the CBRF during FY 09. Additionally, at the end of FY 09 over $617 million was swept from General Fund surplus and a variety of General Fund sub-funds and accounts, and transferred to the CBRF. As of June 30, 2009, the CBRF was fully repaid. The State has substantially complied with the applicable laws and regulations in the administration of its major federal financial assistance programs. Findings and Recommendations This report contains 25 recommendations, of which seven are unresolved issues from last year. Also two of the recommendations are made to Alaska Housing Finance Corporation whose audit was performed by other auditors. Some of the recommendations made in this report require significant changes in procedures or a shifting of priorities and, therefore, may take more than one year to implement. The Summary Schedule of Prior Audit Findings in Section III identifies the current status of most prior audit recommendations not resolved by the release of the FY 09 statewide single …

SUMMARY OF: State of Alaska, Single Audit for the Fiscal Year Ended June 30, 2008. Purpose and Scope of the Report This report summarizes our review of the State of Alaska’s basic financial statements and the State’s compliance with federal laws and regulations in the administration of approximately $2.54 billion of federal financial assistance programs. The audit was conducted in accordance with auditing standards generally accepted in the United States of America and Government Auditing Standards, issued by the Comptroller General of the United States. It also complies with the federal Single Audit Act Amendments of 1996 and the related Circular A-133 issued by the U.S. Office of Management and Budget. The report contains an opinion on the basic financial statement of the State of Alaska for fiscal year 2008, recommendations on financial and compliance matters, auditor’s reports on internal controls and compliance, the Schedule of Expenditures of Federal Awards and the Summary of Prior Audit Findings. Report Conclusions The basic financial statements for the State of Alaska are fairly presented in accordance with accounting principles generally accepted in the United States of America without qualification. Additionally, the State’s FY 08 Comprehensive Annual Financial Report includes a Certificate of Achievement for Excellence in Financial Reporting which is presented by the Government Finance Officers Association. No draw from the Constitutional Budget Reserve Fund (CBRF) was authorized for FY 08. The Legislature appropriated $3.0 billion from the General Fund to the CBRF during FY 08. Additionally, at the end of FY 08 over $2.0 billion was swept from a variety of General Fund sub-funds and accounts, and transferred to the CBRF. The State has substantially complied with the applicable laws and regulations in the administration of its major federal financial assistance programs, except for the major federal programs administered by the Department of Health and Social Services (DHSS). Insufficient evidence was available to determine compliance with cash management requirements for seven major federal programs and with reporting requirements for four major federal programs at DHSS. Findings and Recommendations This report contains 22 recommendations, of which five are unresolved issues from last year. Also three of the recommendations are made to component units: two recommendations for Alaska Housing Finance Corporation and one for the University of Alaska whose audits were performed by other auditors. Some of the recommendations made in this report require significant changes in procedures or a shifting of priorities and, therefore, may take more than one year to implement. The Summary Schedule of Prior Audit Findings in Section III identifies the current status of most prior audit recommendations not resolved by the release of the FY 08 Statewide Single …

SUMMARY OF: State of Alaska, Single Audit for the Fiscal Year Ended June 30, 2007. Purpose of the Report This report summarizes our review of the State of Alaska’s basic financial statements and the State’s compliance with federal laws and regulations in the administration of approximately $2.64 billion of federal financial assistance programs. The audit was conducted in accordance with auditing standards generally accepted in the United States of America and Government Auditing Standards, issued by the Comptroller General of the United States. It also complies with the federal Single Audit Act Amendments of 1996 and the related Circular A-133 issued by the U.S. Office of Management and Budget. The report contains an opinion on the basic financial statement of the State of Alaska for fiscal year 2007, recommendations on financial and compliance matters, auditor’s reports on internal controls and compliance, the Schedule of Expenditures of Federal Awards and the Summary of Prior Audit Findings. Report Conclusions The basic financial statements for the State of Alaska are fairly presented in accordance with accounting principles generally accepted in the United States of America without qualification. No draw from the Constitutional Budget Reserve Fund (CBRF) was authorized for FY 07. At the end of FY 07 over $416 million was swept from a variety of General Fund sub-funds and accounts, and transferred to the CBRF. The State has substantially complied with the applicable laws and regulations in the administration of its major federal financial assistance programs. The report does contain recommendations regarding significant deficiencies in the State’s internal control over financial statements and federal programs; none of the recommendations are considered material weaknesses. Findings and Recommendations This report contains 20 recommendations, of which seven are unresolved issues from last year. Also, two of the recommendations are made to component units: both recommendations for the University of Alaska whose audits were performed by other auditors. Some of the recommendations made in this report require significant changes in procedures or a shifting of priorities and, therefore, may take more than one year to …

SUMMARY OF: State of Alaska, Single Audit for the Fiscal Year Ended June 30, 2006. Purpose of the Report This report summarizes our review of the State of Alaska’s basic financial statements and the State’s compliance with federal laws and regulations in the administration of approximately $2.7 billion of federal financial assistance programs. The audit was conducted in accordance with auditing standards generally accepted in the United States of America and Government Auditing Standards, issued by the Comptroller General of the United States. It also complies with the federal Single Audit Act Amendments of 1996 and the related Circular A-133 issued by the U.S. Office of Management and Budget. The report contains an opinion on the basic financial statement of the State of Alaska for fiscal year 2006, recommendations on financial and compliance matters, auditor’s reports on internal controls and compliance, the Schedule of Expenditures of Federal Awards and the Summary of Prior Audit Findings. Report Conclusions The basic financial statements for the State of Alaska are fairly presented in accordance with accounting principles generally accepted in the United States of America without qualification. Additionally, the State’s FY 06 Comprehensive Annual Financial Report includes a Certificate of Achievement for Excellence in Financial Reporting which is presented by the Government Finance Officers Association. The State has substantially complied with the applicable laws and regulations in the administration of its major federal financial assistance programs. However, the State has material weaknesses in its administrative controls for the Medical Assistance program (Medicaid) which may not prevent fraud, waste, and abuse. Findings and Recommendations This report contains 28 recommendations, of which five are unresolved issues from last year. Also, three of the recommendations are made to component units: one recommendation for Alaska Housing Finance Corporation and two recommendations for the University of Alaska whose audits were performed by other auditors. Some of the recommendations made in this report require significant changes in procedures or a shifting of priorities and, therefore, may take more than one year to implement. The Summary Schedule of Prior Audit Findings, in Section III, identifies the current status of most prior audit recommendations not resolved by the release of the FY 05 Statewide Single …

SUMMARY OF: State of Alaska, Single Audit for the Fiscal Year Ended June 30, 2005. Purpose of the Report This report summarizes our review of the State of Alaska’s basic financial statements and the State’s compliance with federal laws and regulations in the administration of almost $2.6 billion of federal financial assistance programs. The audit was conducted in accordance with auditing standards generally accepted in the United States of America and Government Auditing Standards, issued by the Comptroller General of the United States. It also complies with the federal Single Audit Act Amendments of 1996 and the related Circular A-133 issued by the U.S. Office of Management and Budget. The report contains an opinion on the basic financial statement of the State of Alaska for fiscal year 2005, recommendations on financial and compliance matters, auditor’s reports on internal controls and compliance, and the Schedule of Expenditures of Federal Awards. Report Conclusions The basic financial statements for the State of Alaska are fairly presented in accordance with accounting principles generally accepted in the United States of America without qualification. Additionally, the State’s FY 05 Comprehensive Annual Financial Report includes a Certificate of Achievement for Excellence in Financial Reporting which is presented by the Government Finance Officers Association. The draw from the Constitutional Budget Reserve Fund (CBRF) authorized by Chapter 159, SLA 2004 Sec 61(e), for FY 04 was under $35 million. At the end of FY 05 over $85 million was swept from a variety of General Fund sub-funds and accounts, and transferred to the CBRF. The State has substantially complied with the applicable laws and regulations in the administration of its major federal financial assistance programs. However, the State has material weaknesses in its administrative controls for the Medical Assistance program (Medicaid) which may not prevent fraud, waste and abuse. Findings and Recommendations This report contains 32 recommendations, of which five are unresolved issues from last year. Also, three of the recommendations are made to component units: two recommendations for Alaska Housing Finance Corporation and one recommendation for the University of Alaska whose audits were performed by other auditors. Some of the recommendations made in this report require significant changes in procedures or a shifting of priorities and, therefore, may take more than one year to implement. The Summary Schedule of Prior Audit Findings in Section III identifies the current status of most prior audit recommendations not yet …

SUMMARY OF: State of Alaska, Single Audit for the Fiscal Year Ended June 30, 2004. Purpose of the Report This report summarizes our review of the State of Alaska’s basic financial statements and the State’s compliance with federal laws and regulations in the administration of over $2.6 billion of federal financial assistance programs. The audit was conducted in accordance with auditing standards generally accepted in the United States of America and Government Auditing Standards, issued by the Comptroller General of the United States. It also complies with the federal Single Audit Act Amendments of 1996 and the related Circular A-133 issued by the U.S. Office of Management and Budget. The report contains an opinion on the basic financial statement of the State of Alaska for fiscal year 2004, recommendations on financial and compliance matters, auditor’s reports on internal controls and compliance, and the Schedule of Expenditures of Federal Awards. Report Conclusions The basic financial statements for the State of Alaska are fairly presented in accordance with accounting principles generally accepted in the United States of America without qualification. Additionally, the state’s FY 04 Comprehensive Annual Financial Report includes a Certificate of Achievement for Excellence in Financial Reporting which is presented by the Government Finance Officers Association. The draw from the Constitutional Budget Reserve Fund (CBRF) authorized by Chapter 159, SLA 2004 Sec 61(b), for FY 04 was under $11 million. At the end of FY 04 over $94 million was swept from a variety of General Fund sub-funds and accounts and transferred to the CBRF. The State has substantially complied with the applicable laws and regulations in the administration of its major federal financial assistance programs. Findings and Recommendations This report contains 26 recommendations, of which eight are unresolved issues from last year. Also, included in this year’s report is one recommendation made to the University of Alaska whose audit was performed by other auditors. Many of the recommendations made in this report require significant changes in procedures or a shifting of priorities and, therefore, may take more than one year to implement. The Summary Schedule of Prior Audit Findings in Section III identifies the current status of most prior audit recommendations not resolved by the release of the FY 03 Statewide Single Audit. …

SUMMARY OF: of Alaska, Single Audit for the Fiscal Year Ended June 30, 2003. Purpose and Scope of the Report This report summarizes our review of the State of Alaska’s basic financial statements and the State’s compliance with federal laws and regulations in the administration of almost $2.4 billion of federal financial assistance programs. The audit was conducted in accordance with auditing standards generally accepted in the United States of America and Government Auditing Standards, issued by the Comptroller General of the United States. It also complies with the federal Single Audit Act Amendments of 1996 and the related Circular A-133 issued by the U.S. Office of Management and Budget. The report contains an opinion on the basic financial statement of the State of Alaska for fiscal year 2003, recommendations on financial and compliance matters, auditor’s reports on internal controls and compliance and the Schedule of Expenditures of Federal Awards. Report Conclusions For a second year, the basic financial statements for the State of Alaska are fairly presented in accordance with accounting principles generally accepted in the United States of America without qualification. During FY 03, over $498 million was transferred from the Constitutional Budget Reserve Fund (CBRF) to the General Fund in accordance with Chapter 1, SSSLA 2002, section 94(b) to fund the State’s FY 03 shortfall between revenues and general fund appropriations. Other significant transactions between the General Fund and the CBRF during this fiscal year included $130.7 million returned from the CBRF to the General Fund after being swept at the end of FY 02, and $88.8 million being swept from a variety of General Fund sub-funds and accounts, then transferred to the CBRF at the end of FY 03. Additionally, except for federal financial reporting requirements for the Military Construction program administered by the Alaska Aerospace Development Corporation, the State has complied with the applicable laws and regulations in the administration of its major federal financial assistance programs. Findings and Recommendations This report contains 42 recommendations, of which seven were presented last year. Also included in this year’s report are six recommendations made to various state corporations and the University of Alaska, whose audits were performed by other auditors. Many of the recommendations made in this report require significant changes in procedures or a shifting of priorities and, therefore, may take more than one year to implement. The Summary Schedule of Prior Audit Findings in Section IV identifies the current status of most prior audit recommendations not resolved by the release of the FY 02 Statewide Single …

SUMMARY OF: State of Alaska, Single Audit for the Fiscal Year Ended June 30, 2002 Purpose and Scope of the Report This report summarizes our review of the State of Alaska’s basic financial statements and the State’s compliance with federal laws and regulations in the administration of over $2 billion of federal financial assistance programs. The audit was conducted in accordance with auditing standards generally accepted in the United States of America and Government Auditing Standards, issued by the Comptroller General of the United States. It also complies with the federal Single Audit Act Amendments of 1996 and the related Circular A-133 issued by the U.S. Office of Management and Budget. Report Conclusions For FY 02, the State of Alaska implemented Governmental Accounting Standards Board Statement No. 34 – Basic Financial Statements – and Management’s Discussion and Analysis – for State and Local Governments as required. Due to this, the presentation is vastly different from prior years and includes statements that present the State of Alaska’s financial position and FY 02 financial activities on a government-wide perspective. For the first time, the basic financial statements for the State of Alaska are fairly presented in accordance with accounting principles generally accepted in the United States of America without qualification. During FY 02, $884 million was transferred from the Constitutional Budget Reserve Fund (CBRF) to the General Fund in accordance with Chapter 61, SLA 2001, section 93(b) to fund the State’s FY 02 shortfall between revenues and general fund appropriations. Other significant transactions between the General Fund and the CBRF during this fiscal year included $101.9 million returned from the CBRF to the General Fund after being swept at the end of FY 01, and $130.7 million being swept from a variety of General Fund sub-funds and accounts, then transferred to the CBRF in FY 02. Additionally, the State has complied with the applicable laws and regulations in the administration of its major federal financial assistance programs, except for allowable costs requirement for the Bryne Formula Grant program in the Department of Law and the Department of Public Safety and reporting requirements for the Child Care Cluster in the Department of Education and Early Development. Findings and Recommendations This report contains 47 recommendations, of which 10 were presented last year. Many of the recommendations made in this report require significant changes in procedures or a shifting of priorities and, therefore, may take more than one year to implement. The Summary Schedule of Prior Audit Findings in Section IV identifies the current status of prior audit …