REPORT DIGEST

 

REGIONAL OFFICE OF EDUCATION #8

 

CARROLL, JO DAVIESS AND STEPHENSON COUNTIES

 

FINANCIAL AUDIT

(In Accordance with the
Single Audit Act and OMB Circular A-133) 

For the Year Ended:

June 30, 2004

 

Summary of Findings:

 

Total this audit                          1

Total last audit                          1

Repeated from last audit           0

 

Release Date:

June 7, 2005

 

 

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 is also available on

the worldwide web at

http://www.state.il.us/auditor

 

 

 

 

 

 

 

 

SYNOPSIS

 

·        The Regional Office of Education #8 charged $6 per person for the initial classroom and annual refresher courses in school bus driver safety when the Illinois Compiled Statutes allow them to charge up to $4 per person for these courses.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

       

 

 

 

 

 

 

 

 

 

 

{Expenditures and Revenues are summarized on the reverse page.}

 


                                                                                   

 

REGIONAL OFFICE OF EDUCATION #8

CARROLL, JO DAVIESS AND STEPHENSON COUNTIES

 

FINANCIAL AUDIT

(In Accordance with the Single Audit Act and OMB Circular A-133)

For The Year Ended June 30, 2004

 

 

FY 2004

FY 2003

TOTAL REVENUES

$3,066,797

$4,500,086

Local Sources

$679,882

$2,165,615

% of Total Revenues

22.17%

48.12%

State Sources

$1,702,836

$1,547,536

% of Total Revenues

55.52%

34.39%

Federal Sources

$684,079

$786,935

% of Total Revenues

22.31%

17.49%

 

TOTAL EXPENDITURES

$3,092,159

$4,649,197

Salaries and Benefits

$1,135,092

$2,785,549

% of Total Expenditures

36.71%

59.91%

Purchased Services

$928,393

$1,035,188

% of Total Expenditures

30.02%

22.27%

All Other Expenditures

$1,028,674

$828,460

% of Total Expenditures

33.27%

17.82%

 

 

 

TOTAL NET ASSETS1

$197,382

$222,744

 

 

 

INVESTMENT IN CAPITAL ASSETS1

 

$33,275

 

$47,109

 

1         In fiscal year 2004, Regional Offices of Education implemented Government Accounting Standards Board (GASB) Statement No. 34 which established a new financial reporting model for state and local governments.  Government-wide financial statements are prepared using full accrual accounting that reports Total Net Assets.  The fiscal year 2003 ending general fixed assets have been restated to reflect the changes required as part of the implementation of GASB Statement No. 34.  Percentages may not add due to rounding.

 

REGIONAL SUPERINTENDENT 

During Audit Period: Honorable John B. Lang

Currently: Honorable John B. Lang 


 

 

 

 

 

 

 

 

 


The Regional Office of Education #8 charged $6 per person for the initial classroom and annual refresher courses in school bus driver safety when the Illinois Compiled Statutes allow them to charge up to $4 per person for these courses.

 

FINDINGS, CONCLUSIONS AND RECOMMENDATIONS

 

 

MANDATE COMPLIANCE

 

       The Illinois School Code 105 ILCS 5/3-14.23  states one of the responsibilities of the Regional Superintendent is “To conduct courses of instruction for school bus drivers pursuant to the standards established by the Secretary of State under Section 6-106.1 of the Illinois Vehicle Code and to charge a fee based upon the cost of providing such courses of up to $4 per person for the initial classroom course in school bus driver safety and of up to $4 per person for the annual refresher course.”  The Regional Office of Education #8 was charging $6 per person for the initial classroom course in school bus driver safety and $6 per person for the annual refresher course.

 

       According to the Regional Office, the additional $2 charge was to help cover administrative costs associated with the classes. (Finding 04-1, page 11)

 

       The Regional Office of Education #8 accepted the recommendation, responding that the Office will charge $4 per class in the future.

 

 

AUDITORS’ OPINION

 

      Our auditors state the Regional Office of Education #8’s financial statements as of June 30, 2004 are fairly stated in all material respects.

 

 

_____________________________________

WILLIAM G. HOLLAND, Auditor General

 

WGH:KJM:ro

 

SPECIAL ASSISTANT AUDITORS

 

      Our special assistant auditors were Clifton Gunderson LLP.