DEPARTMENT OF VETERANS' AFFAIRS ILLINOIS VETERANS' HOME AT QUINCY FINANCIAL AND COMPLIANCE AUDIT Summary of Findings:
Release Date: WILLIAM G. HOLLAND To obtain a copy of the Report contact: This Report Digest is also available on |
SYNOPSIS
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STATE OF ILLINOIS
DEPARTMENT OF VETERANS' AFFAIRS
ILLINOIS VETERANS' HOME AT QUINCY
FINANCIAL AND COMPLIANCE AUDIT
For The Two Years Ended June 30, 1998
EXPENDITURE STATISTICS | FY 1998 |
FY 1997 |
FY 1996 |
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$26,310,108 $26,310,108 $16,770,619 $2,979,058 $1,951,946 $745,803 $3,862,682 $36,152,321 |
$25,032,499 $25,032,499 $16,242,298 $2,626,794 $1,472,926 $771,187 $3,919,294 $34,738,290 |
$23,286,442 $23,286,442 $15,505,251 $2,464,227 $1,356,477 $606,900 $3,353,587 $33,649,761 |
SELECTED ACTIVITY MEASURES | FY 1998 |
FY 1997 |
Average Number of Employees | 566 |
566 |
Average Number of Members | 577 |
580 |
Ratio - Average Number of Employees to Members | 1/1.02 |
1/1.02 |
Estimated Cost Per Year Per Member | $18,736 |
$17,453 |
HOME ADMINISTRATOR |
During Audit Period: Donald Lynn Currently: Ronald Frillman (effective July 13, 1998) |
(1) Includes all funds except the Members' Trust Fund and the Clearing Account.
Funds were not adequately collateralized and disbursement checks lacked required signatures |
FINDINGS, CONCLUSIONS, AND RECOMMENDATIONS INADEQUATE CONTROLS OVER LOCALLY HELD FUNDS The Home did not maintain proper internal controls over locally held funds. We noted the following:
Home officials agreed with our recommendation to: 1) strengthen controls over locally held funds by adhering to applicable policies and regulations on expenditure approval, recordkeeping and reporting; and 2) monitor the adequacy of collateral for all invested amounts. Their response indicates corrective action has been implemented. The responses to the recommendations were provided by Donald Bullerman, Chief Internal Auditor, Department of Veterans' Affairs. AUDITORS' OPINION We conducted a compliance audit of the Home as required by the Illinois State Auditing Act. We also performed certain agreed-upon procedures with respect to the records of the Home to assist our single audit of the entire Department of Veterans' Affairs. Financial statements for the Department and federal reporting are included in the audit report of the Department of Veterans' Affairs - Central Office.
WGH:GSS:pp SPECIAL ASSISTANT AUDITORS Our special assistant auditors for this audit were Gray Hunter Stenn, LLP. |