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REPORT DIGEST CHICAGO TECHNOLOGY PARK CORPORATION PROGRAM-SPECIFIC For the Year Ended: June 30, 2007 (In Accordance with Summary of Findings: Total this audit 2 Total last audit 2 Repeated from last audit 1 Release Date: November 20, 2008
State of Illinois Office of the Auditor General WILLIAM G. HOLLAND AUDITOR GENERAL To obtain a copy of the
Report contact: Office of the Auditor
General Iles Park Plaza 740 E. Ash Street Springfield, IL 62703 (217) 782-6046 or TTY (888)
261-2887
This Report Digest and a
Full Report are available on the worldwide web at |
SYNOPSIS
·
Financial Status Reports were inaccurate and
not filed timely.
·
Files did not include proof of U.S.
Citizenship or Permanent Residence status for all grant program students.
{Expenditures and Activity Measures are
summarized on the reverse page.} |
|
One status report filed with the US Department of
Labor did not reconcile with the Corporation’s accounting records by a total
amount of $31,689
Four of 30 student files did not include proof of
U.S Citizenship or Permanent Residence status as required by the grant
agreement |
FINDINGS
AND QUESTIONED COSTS FOR
FEDERAL AWARDS
WIA PILOTS, DEMONSTRATIONS AND
RESEARCH PROJECTS (BiTmaP) This is a training program
that certifies information technology (IT) professionals in the field of
bioinformatics. BiTmaP is sponsored
by a $3 million grant awarded to the Chicago Technology Park by the U.S.
Department of Labor. The grant
supports a partnership with the Corporation and the University of Illinois at
Chicago to create and manage an online training curriculum at the interface
of information technology and the life sciences. The ultimate goal of BiTmaP is to partner with local and
regional businesses, learning institutions, industrial organizations, and
workforce development agencies to place BiTmaP students in successful careers
in bioinformatics. Total expenditures
in FY 07 were $618,063.
FINANCIAL STATUS REPORTS INACCURATE
AND NOT FILED TIMELY The Chicago Technology Park Corporation filed an
inaccurate Financial Status Report with the U.S. Department of Labor. A total amount of $31,689 did not
reconcile with the Corporation’s accounting records. In addition, the Corporation filed one of
its quarterly Financial Status Reports 48 days late. (Finding 1, page 9) We recommended the Corporation improve
procedures to ensure that accurate Financial Status Reports are filed timely
and that the Corporation correct the inaccurate report. Corporation officials
agreed with our recommendation and stated they will ensure the report will be
corrected and re-filed.
PROOF OF U.S. CITIZENSHIP OR
PERMANENT RESIDENCE STATUS NOT MAINTAINED
The Chicago Technology Park Corporation did not
maintain proof of U.S. Citizenship or Permanent Residence status for grant
program students. We noted that 4 of 30
student files did not include proof of U.S. Citizenship or Permanent
Residence status. The grant agreement
requires that Program applicants must be U.S. citizens or permanent
residents. (Finding 2, page 10)
We recommended the Corporation
obtain and maintain adequate program documentation, including proof of U.S
Citizenship or Permanent Residence status.
Corporation officials agreed with our recommendation and stated that a
procedure was instituted to ensure required documentation was obtained for
its files.
AUDITORS’ OPINION
Our auditors stated that
the schedule of federal awards presents fairly, in all material respects, the
expenditures of federal awards under the BiTmaP Program in conformity with
accounting principles generally accepted in the United States of America.
___________________________________ WILLIAM G. HOLLAND, Auditor General WGH:KMC:drh SPECIAL ASSISTANT AUDITORS Our special assistant auditors on this audit were E.C. Ortiz & Co., LLP. |