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— We provided an unqualified opinion on the HIRSP Authority's financial statements for 2011. As of December 31, 2011, 21,317 policyholders were enrolled in the state-based HIRSP plan and 998 policyholders were enrolled in the temporary federal high-risk pool. The HIRSP Authority's net assets totaled $9.5 million at the end of 2011.
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— In 2011, 1.1 million individuals received $1.1 billion in FoodShare benefits. The Department of Health Services has made it easier to apply for benefits, but not all eligible individuals receive them. We identify instances in which program rules were violated and ineligible individuals, including inmates, received benefits. We include recommendations to improve program administration and fraud prevention.
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— We provided an unqualified opinion on the Property Fund's financial statements for the fiscal years ended June 30, 2011, June 30, 2010, and June 30, 2009. The Property Fund's surplus balance declined from $41.2 million as of June 30, 2009, to $20.5 million as of June 30, 2011. In response, the Office of the Commissioner of Insurance is implementing premium rate increases and will continue monitoring the surplus balance.
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— This report includes findings related to internal controls and compliance with federal grant requirements, agency plans for corrective action, and the State's Schedule of Expenditures of Federal Awards. State agencies administered nearly $15.0 billion in federal financial assistance, including approximately $2.8 billion received under the federal American Recovery and Reinvestment Act of 2009. Although state agencies generally complied with federal grant requirements, we include 58 recommendations to improve the State's administration of federal funds.
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