State of Arizona June 30, 2004 Report Highlights-Single Audit

State of ArizonaREPORT Expenditures of FederalHIGHLIGHTSSINGLE AUDIT Monies Increase by$800 MillionSubjectThe State of Arizona spent $8.3billion of federal monies this pastyear for 1,224 federal awardsState Agencies that Administer Federal AwardsDuring fiscal year 2004, the Stateadministered, in whole or in part,(In Millions)spent $8.3 billion of federalby 47 state agencies. The largestmonies. As shown in the chart tofederal awards were foreducation, health services, the right, seven state agenciesHealth ServicesWater Infrastructure highway construction, research administered 96 percent of these$261 and development, student Finance Authoritymonies. Other Agenciesfinancial aid, and welfare. The $212 $356 State must be accountable for itsOverall, expenditures increased Transportationuse of both federal and state$800 million, or 11 percent, from $427 monies, maintain strong internalthe $7.5 billion expended in fiscalcontrols, and comply with federal AHCCCSEducationprogram requirements. year 2003. The largest increase $3,660 $675 occurred in programs for indigentOur Conclusion medical care, food stamps, loan Universityand loan guarantee programs, and SystemThe State maintained adequateresearch and development. $931 controls over financial reporting.Combined expenditures for theseDuring the compliance audit 18federal programs were tested, programs increased by $789this included 5 program clusters. Economic Securitymillion from the prior year. This ...