2003 Minnesota Statutes

     16A.055 Some of the commissioner's duties. 

    Subdivision 1.    List.  The commissioner shall:  

    (1) receive and record all money paid into the state 
 treasury and safely keep it until lawfully paid out; 

    (2) manage the state's financial affairs; 

    (3) keep the state's general account books according to 
 generally accepted government accounting principles; 

    (4) keep expenditure and revenue accounts according to 
 generally accepted government accounting principles; 

    (5) develop, provide instructions for, prescribe, and 
 manage a state uniform accounting system; 

    (6) provide to the state the expertise to ensure that all 
 state funds are accounted for under generally accepted 
 government accounting principles; and 

    (7) coordinate the development of, and maintain standards 
 for, internal auditing in state agencies and, in cooperation 
 with the commissioner of administration, report to the 
 legislature and the governor by January 31 of odd-numbered 
 years, on progress made. 

    Subd. 2.    Accounting system required.  An agency must 
 use the uniform accounting system prescribed by the commissioner.

    Subd. 3.    Access to records.  An agency must give the 
 commissioner or a designee of the commissioner free access to 
 its financial documents. 

    Subd. 4.    Commissioner's designee.  The commissioner 
 may assign a designee to an agency to monitor its financial 
 activities and to ensure compliance with statutes and 
 administrative requirements promulgated by the commissioner.  
 The designee may assist the agency as the commissioner considers 
 appropriate.  The agency's head shall supervise its employees 
 and develop a budget consistent with its goals, 
 responsibilities, and priorities.  

    Subd. 5.    Retirement fund reporting.  (a) The 
 commissioner may not require a public retirement fund to use 
 financial or actuarial reporting practices or procedures 
 different from those required by section 356.20 or 356.215. 

    (b) The commissioner may contract with the consulting 
 actuary retained by the Legislative Commission on Pensions and 
 Retirement for the preparation of quadrennial projection 
 valuations as required under section 356.215, subdivisions 2 and 
 2a.  The initial projection valuation under this paragraph, if 
 any, is due on May 1, 2003, and subsequent projection valuations 
 are due on May 1 each fourth year thereafter.  The commissioner 
 of finance shall assess the applicable statewide and major local 
 retirement plan or plans the cost of the quadrennial projection 
 valuation.  

    Subd. 6.    Mission; efficiency.  It is part of the 
 department's mission that within the department's resources the 
 commissioner shall endeavor to: 

    (1) prevent the waste or unnecessary spending of public 
 money; 

    (2) use innovative fiscal and human resource practices to 
 manage the state's resources and operate the department as 
 efficiently as possible; 

    (3) coordinate the department's activities wherever 
 appropriate with the activities of other governmental agencies; 

    (4) use technology where appropriate to increase agency 
 productivity, improve customer service, increase public access 
 to information about government, and increase public 
 participation in the business of government; 

    (5) utilize constructive and cooperative labor-management 
 practices to the extent otherwise required by chapters 43A and 
 179A; 

    (6) report to the legislature on the performance of agency 
 operations and the accomplishment of agency goals in the 
 agency's biennial budget according to section 16A.10, 
 subdivision 1; and 

    (7) recommend to the legislature appropriate changes in law 
 necessary to carry out the mission and improve the performance 
 of the department. 

    HIST: (80-2) 1939 c 431 art 3 s 1; 1955 c 863 s 15; 1973 c 492 
 s 3; 1976 c 231 s 3; 1979 c 314 s 1; 1984 c 628 art 2 s 1; 
 1Sp1985 c 13 s 95; 1989 c 351 s 14; 1993 c 192 s 47; 1995 c 248 
 art 11 s 1; 1996 c 457 s 2; 1998 c 366 s 20; 2000 c 461 art 1 s 
 2