Audit Report #08-4551-97

In accordance with the provisions of Title 24 of the Alaska Statutes, the attached report isprivate nonprofit hatcheries. Specifically, our review focused on the Fisheries Enhancementrelative to the efficiency and successes of the FERLF and the hatchery program. While theLegislative AuditorWelker, CPA Randy S. this report are discussed in the Objectives, Scope, and Methodology section of this report.Fieldwork procedures utilized in the course of developing the findings and discussion presented inThe audit was conducted in accordance with generally accepted government auditing standards.financial stability of the FERLF.hatchery programs have rebuilt depleted fish stocks we do have reservations on the prospectiveMany of the hatcheries have been operational for a sufficient period of time to draw conclusionsDevelopment and hatchery permitting and monitoring by the Department of Fish and Game.Revolving Loan Fund (FERLF) administered by the Department of Commerce and EconomicThis audit documents our review of various issues surrounding the funding for and operation of 08-4551-97Audit Control NumberAugust 22, 1997PRIVATE NONPROFIT HATCHERIESREVIEW OF FUNDING AND OPERATION OFDEPARTMENT OF FISH AND GAMEAND ECONOMIC DEVELOPMENTDEPARTMENT OF COMMERCEsubmitted for your review. and Audit Committee:Members of the Legislative BudgetAugust 22, 1997ABLE OF CONTENT71 ............ ................................ ................................ Legislative ...