A bold transparency tool to protect taxpayers, strengthen accountability, and modernize oversight statewide
St. Paul, MN — Today, Mayor Nate George, candidate for Minnesota State Auditor, announced a groundbreaking new solution to proactively monitor for fraud, which will publicly measure every local government entity’s risk for fraud and financial mismanagement—and put that information directly in the hands of the public.
The Fraud Risk Score will appear on a public, online dashboard and evaluate objective, commonsense factors such as:
- Whether basic internal controls are in place
- Past incidents of fraud or misuse of funds
- Current non-compliant audit findings
- Trends in fund balances over time
- Adequate separation of financial duties
“This is about sunlight and accountability,” said Mayor George. “Minnesotans work hard for their tax dollars. They deserve to know whether those dollars are being protected—or put at risk—by weak controls and poor oversight. ”
