REPORT DIGEST

PRAIRIE STATE 2000 AUTHORITY

FINANCIAL AUDIT

For the One Year Ended:

June 30, 2000

Release Date:
March 27, 2001

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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

This report covers our financial audit of the Prairie State 2000 Authority for the fiscal year ended June 30, 2000. A compliance audit covering the two years ending June 30, 2001 will be performed next year.

 

AUDITORS’ OPINION

Our auditors state the financial statements of the Prairie State 2000 Authority as of June 30, 2000, and for the year then ended, are fairly presented in all material respects.

 

____________________________________

WILLIAM G. HOLLAND, Auditor General

WGH:SES:pp

SPECIAL ASSISTANT AUDITORS

Our special assistant auditors for this audit were Williams & Williams.

 

 

 

 

 

 

 

 

 

PRAIRIE STATE 2000 AUTHORITY
FINANCIAL AUDIT
For The Year Ended June 30, 2000

EXPENDITURE STATISTICS

FY 2000

FY 1999

REVENUES
Other Revenue
EXPENDITURES
General Government
Capital Outlay
Total Expenditures
APPROPRIATIONS
Appropriations from General Revenue Fund Less:
Amount Reappropriated
Amount Lapsed
Expended per Above


$8,380

$3,469,231
14,121
$3,483,352

$6,485,800
2,973,900
28,548
$3,483,352


$11,701

$2,603,453
8,547
$2,612,000

$6,497,900
2,319,300
1,566,600
$2,612,000

SELECTED ACTIVITY MEASURES

FY 2000

FY 1999

Loans Receivable, net
Equipment
Accounts Payable and Accrued Liabilities
Accrued Vested Vacation and Sick Pay
Reserved for Encumbrances

$13,176
$104,713
$447,565
$34,077
$3,513,410

$21,557
$106,278
$369,760
$27,786
$3,108,976

AGENCY DIRECTOR(S)
During Audit Period: Ms. Susan Vespa
Currently: Ms. Susan Vespa