<PAGE> PAGE 1
000 B000000 10/31/1999
000 C000000 0000819799
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000 I000000 6.1
000 J000000 U
001 A000000 VOYAGEUR FUNDS, INC.
001 B000000 811-5267
001 C000000 2152552127
002 A000000 2005 MARKET STREET
002 B000000 PHILADELPHIA
002 C000000 PA
002 D010000 19103
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022 A000001 MORGAN STANLEY
022 B000001 13-2655998
022 C000001 134837
022 D000001 5364
022 A000002 SALOMON BROTHERS
022 B000002 13-3022694
022 C000002 74345
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022 D000003 58338
022 A000004 MERRILL LYNCH PIERCE
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080 A00AA00 ICI MUTUAL INSURANCE COMPANY, INC.
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SIGNATURE KENNETH E. CROCKETT, SR.
TITLE BLUE SKY ADMIN.
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</TABLE>
Report of Independent Auditors
To the Shareholders and Board of Directors
Voyageur Funds, Inc.
In planning and performing our audit of the financial
statements of Voyageur Funds, Inc. (the "Fund") for the year
ended October 31, 1999, we considered its internal control,
including control activities for safeguarding securities, in
order to determine our auditing procedures for the purpose of
expressing our opinion on the financial statements and to
comply with the requirements of Form N-SAR, not to provide
assurance on internal control.
The management of the Funds is responsible for establishing and
maintaining internal control. In fulfilling this
responsibility, estimates and judgments by management are
required to assess the expected benefits and related costs of
controls. Generally, controls that are relevant to an audit
pertain to the entity's objective of preparing financial
statements for external purposes that are fairly presented in
conformity with generally accepted accounting principles.
Those controls include the safeguarding of assets against
unauthorized acquisition, use or disposition.
Because of inherent limitations in internal control, errors or
fraud may occur and not be detected. Also, projection of any
evaluation of internal control to future periods is subject to
the risk that it may become inadequate because of changes in
conditions or that the effectiveness of the design and
operation may deteriorate.
Our consideration of internal control would not necessarily
disclose all matters in internal control that might be material
weaknesses under standards established by the American
Institute of Certified Public Accountants. A material weakness
is a condition in which the design or operation of one or more
of the internal control components does not reduce to a
relatively low level the risk that misstatement caused by error
or fraud in amounts that would be material in relation to the
financial statements being audited may occur and not be
detected within a timely period by employees in the normal
course of performing their assigned functions. However, we
noted no matters involving internal control and its operation,
including controls for safeguarding securities, that we
consider to be material weaknesses as defined above at October
31, 1999.
This report is intended solely for the information and use of
management, the Board of Directors of the Funds, and the
Securities and Exchange Commission and is not intended to be
and should not be used by anyone other than these specified
parties.
Philadelphia, Pennsylvania
December 3, 1999
