REPORT DIGEST

ILLINOIS GAMING BOARD

(A Division of the Illinois Department of Revenue)

FINANCIAL AND COMPLIANCE AUDIT

For the Two Years Ended:
June 30, 2001

Summary of Findings:

Total this audit 0
Total last audit 0
Repeated from last audit 0

Release Date:
April 10, 2002

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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
Attn: Records Manager
Iles Park Plaza
740 E. Ash Street
Springfield, IL 62703

(217)782-6046 or TDD (217) 524-4646

This Report Digest is also available on
the worldwide web at
http://www.state.il.us/auditor

  

INTRODUCTION

The Illinois Gaming Board administers, enforces and regulates the systems of riverboat gambling. The Board is a Division of the Illinois Department of Revenue.

 

FINDINGS, CONCLUSIONS, AND RECOMMENDATIONS

There were no material findings of noncompliance disclosed during our audit testing. We commend the Board for maintaining effective fiscal controls.

 

AUDITOR’S OPINION

We conducted a financial and compliance audit of the Illinois Gaming Board in conjunction with the Illinois Department of Revenue as required by the Illinois State Auditing Act. Financial statements for the Board are included in the audit report of the Illinois Department of Revenue.

 

___________________________________

WILLIAM G. HOLLAND, Auditor General

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SPECIAL ASSISTANT AUDITORS

Our special assistant auditors for this audit were McGladrey & Pullen, LLP.

 

{Expenditures and Activity Measures are summarized on the reverse page.}

ILLINOIS GAMING BOARD
(A DIVISION OF THE ILLINOIS DEPARTMENT OF REVENUE)
FINANCIAL AND COMPLIANCE AUDIT
For The Two Years Ended June 30, 2001
EXPENDITURE STATISTICS
(in thousands)

FY 2001

FY 2000

FY 1999
Total Expenditures and Operating Transfers (in thousands)
OPERATIONS TOTAL
% of Total Expenditures
Personal Services
% of Operations Expenditures
Average Number of Employees
Other Payroll Costs (FICA, Retirement)
% of Operations Expenditures
Contractual Services
% of Operations Expenditures
All Other Operations Items
% of Operations Expenditures
GRANTS TO LOCAL GOVERNMENTS AND REFUNDS TOTAL
% of Total Expenditures
OPERATING TRANSFERS TO EDUCATION ASSISTANCE FUND TOTAL
% of Total Expenditures
Total Revenues
OTHER TAXES
% of Total Revenues
LICENSES AND FEES
% of Total Revenues


$526,790
$13,302
2.5%
$3,567
26.8%
70
$1,084
8.2%
$8,129
61.1%
$522
3.9%

$102,000
19.4%


$411,488
78.1%
$530,090
$528,916
99.8%
$1,174
.2%


$458,762
$12,968
2.8%
$2,906
22.4%
54
$830
6.4%
$8,814
68.0%
$418
3.2%

$82,000
17.9%


$363,794
79.3%
$483,534
$482,269
99.7%
$1,265
.3%


$360,518
$12,911
3.6%
$2,231
17.3%
43
$639
4.9%
$9,447
73.2%
$594
4.6%

$82,051
22.8%


$265,556
73.6%
$357,656
$356,627
99.7%
$1,029
.3%
SELECTED ACTIVITY MEASURES (unaudited)

Calendar
2000

Calendar
1999

Calendar
1998
Number of Licenses in Operation
Adjusted Gross Receipts (AGR)
Admissions
AGR Per Admission
Total Tax
State Share
Local Share

9
$1,658,004,361
19,014,939
$87.19
$512,213,123
$410,328,901
$101,884,222

9
$1,362,931,231
21,991,689
$61.97
$418,797,333
$328,665,137
$90,132,196

10
$1,106,751,600
24,813,818
$44.60
$336,899,568
$256,782,080
$80,117,488
BOARD CHAIRMAN
During Audit Period: Robert Vickrey (7/01/99 - 12/31/99), Gregory C. Jones (1/06/00 to Present)
Currently: Gregory C. Jones