REPORT DIGEST

REGIONAL OFFICE OF EDUCATION # 12

CLAY/CRAWFORD/ JASPER/LAWRENCE/ RICHLAND COUNTIES

FINANCIAL AUDIT

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

For the Year Ended:
June 30, 2002

Summary of Findings:

Total this audit 2
Total last audit 2
Repeated from last audit 1

Release Date:
January 30, 2003

logo.jpg (8630 bytes)

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

  

 

 

 

 

 

 

 

 

 

SYNOPSIS
  • The Regional Office of Education #12 inadvertantly underpaid two school districts a total of $1,900 and overpaid two school districts a total of $11,750 during the year ended June 30, 2002.
  • The Regional Office of Education #12 had uncollateralized deposits with a bank in the amount of $52,349 at June 30, 2002.

 

 

 

 

 

 

 

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

REGIONAL OFFICE OF EDUCATION # 12
CLAY/CRAWFORD/JASPER/LAWRENCE/RICHLAND COUNTIES
FINANCIAL AUDIT
For The Year Ended June 30, 2002

FY 2002

FY 2001
TOTAL REVENUES

1$3,309,486

$3,073,322

Local sources

$629,186

$910,100

% of Total Revenues

19.01%

29.61%

State Sources

1$1,981,263

$1,371,572

% of Total Revenues

59.87%

44.63%

Federal Sources

$699,037

$791,650

% of Total Revenues

21.12%

25.76%
TOTAL EXPENDITURES

1$3,155,295

$2,955,318

Salaries and Benefits

1$1,348,785

$1,154,315

% of Total Expenditures

42.75%

39.06%

Purchased Services

$1,194,551

$1,112,816

% of Total Expenditures

37.86%

37.65%

All Other Expenditures

$611,959

$688,187

% of Total Expenditures

19.39%

23.29%
COST OF PROPERTY AND EQUIPMENT

$428,825

$ 344,967

Note: Fiscal Year 2001 data was obtained from audits of ROEs conducted under the direction of the Illinois State Board of Education.
1Fiscal Year 2002 amounts include on-behalf payments ($164,863). These on-behalf payments were not included in Fiscal Year 2001.
* Percentages may not add due to rounding.
REGIONAL SUPERINTENDENT
During Audit Period: Honorable Samuel White
Currently: Honorable Samuel White
 

 

 

 

 

The Regional Office of Education #12 inadvertently underpaid two school districts a total of $1,900 and overpaid two school districts a total of $11,750 during the year ended June 30, 2002.

 

 

 

 

 

The Regional Office of Education #12 had uncollateralized deposits with a bank in the amount of $52,349 at June 30, 2002.

 

 

 

 

 

 

 

 

 

FINDINGS, CONCLUSIONS AND RECOMMENDATIONS

DISBURSEMENT OF FLOW-THROUGH REVENUES

The Regional Office of Education #12 inadvertently underpaid two school districts a total of $1,900 and overpaid two school districts a total of $11,750 during the year ended June 30, 2002.

105 ILCS 5/3-9 requires that whenever the Regional Superintendent receives amounts due to local school districts, the Regional Superintendent shall apportion and distribute the monies to the appropriate school districts as directed. (Finding 02-01, page 12)

The Regional Office of Education #12’s personnel accepted the auditor’s recommendation to reconcile flow-through payments to each individual district on a monthly basis.

CASH COLLATERAL

The Regional Office of Education #12 had uncollateralized deposits with a bank in the amount of $52,349 at June 30, 2002. Uninsured deposits could cause a loss to the Regional Office if the bank failed. (Finding 02-02, page 13)

The Regional Office of Education #12’s personnel accepted the auditor’s recommendation to monitor the amount of collateral periodically. The Regional Office of Education #12 will request additional collateral from the bank.

AUDITORS’ OPINION

Our auditors state the Regional Office of Education # 12’s financial statements as of June 30, 2002 are fairly presented in all material respects.

_____________________________________

WILLIAM G. HOLLAND, Auditor General

WGH:JRB:ro

 

SPECIAL ASSISTANT AUDITORS
Our special assistant auditors were West & Company, LLC.