A Performance Audit
An Audit Report on Selected State Entities' Compliance with Benefits Proportional Requirements
May 2022
Summary Analysis
For appropriation year 2021, West Texas A&M University (University) reported funding amounts and most benefit expenses on its Benefits Proportional by Method of Finance Report in accordance with the Office of the Comptroller of Public Accounts' (Comptroller's Office) requirements. However, the University inaccurately reported retirement benefits.
Lamar Institute of Technology (Institute) correctly completed its appropriation year 2021 Benefits Proportional by Method of Finance Report.
Although West Texas A&M University (University) incorrectly reported retirement benefits, it otherwise completed its Benefits Proportional by Method of Finance Report (Report) for appropriation year 2021 in accordance with the Office of the Comptroller of Public Accounts' (Comptroller's Office) accounting policy statement 011.
Lamar Institute of Technology (Institute) completed its Benefits Proportional by Method of Finance Report (Report) for appropriation year 2021 in accordance with the Office of the Comptroller of Public Accounts' (Comptroller's Office) accounting policy statement 011.
Graphics, Media, Supporting documents