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REPORT DIGEST REGIONAL OFFICE OF EDUCATION #10 CHRISTIAN
AND FINANCIAL AUDIT For the Year Ended: June 30, 2008 Summary of Findings: Total this audit 0 Total last audit 0 Repeated from last audit 0 Relea June 11, 2009
State of Ill Office of the Auditor General WILLIAM G. HOLLAND AUDITOR GENERAL
To obtain a copy of the
Report contact: Office of the Auditor
General
(217) 782-6046 or TTY (888)
261-2887 This Report Digest and Full
Report is also available on the worldwide web at http://www.auditor.illinois.gov |
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INTRODUCTION Our
report covers the financial audit for the period ending June 30, 2008. AUDITORS’ OPINION Our auditors state the Regional Office of Education #10’s financial statements as of June 30, 2008 are fairly presented in all material respects. _____________________________________ WILLIAM
G. HOLLAND, Auditor General WGH:KJM SPECIAL ASSISTANT
AUDITORS Our special assistant auditors were West & Company, LLC.
{Expenditures
and Revenues are summarized on the reverse page.} |
REGIONAL OFFICE OF
EDUCATION #10
CHRISTIAN
AND MONTGOMERY
COUNTIES
FINANCIAL AUDIT
For The Year Ended June
30, 2008
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FY 2008
|
FY 2007
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TOTAL REVENUES |
$1,187,035 |
$1,093,405 |
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Local Sources |
$197,655 |
$167,412 |
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% of Total Revenues |
16.65% |
15.31% |
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State Sources |
$905,391 |
$846,300 |
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% of Total Revenues |
76.27% |
77.40% |
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Federal Sources |
$83,989 |
$79,693 |
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% of Total Revenues |
7.08% |
7.29% |
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TOTAL EXPENDITURES |
$1,185,647 |
$1,103,434 |
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Salaries and Benefits |
$1,005,277 |
$915,556 |
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% of Total Expenditures |
84.79% |
82.97% |
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Purchased Services |
$134,308 |
$127,984 |
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% of Total Expenditures |
11.33% |
11.60% |
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All Other Expenditures |
$46,062 |
$59,894 |
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% of Total Expenditures |
3.88% |
5.43% |
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TOTAL NET ASSETS |
$132,837 |
$131,449 |
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INVESTMENT IN
CAPITAL ASSETS |
$10,037 |
$5,956 |
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Percentages
may not add due to rounding. |
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REGIONAL
SUPERINTENDENT |
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During Audit Period: Honorable Greg Springer Currently: Honorable Greg Springer |