REPORT DIGEST

 

REGIONAL OFFICE OF EDUCATION #12

CLAY/CRAWFORD/ JASPER/LAWRENCE/ RICHLAND COUNTIES

 

 

FINANCIAL AND COMPLIANCE AUDIT

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

For the Year Ended:

June 30, 2003

 

Summary of Findings:

 

Total this audit                       1

Total last audit                       2

Repeated from last audit        0

 

Release Date:

March 18, 2004

 

 

 

 

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 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’s general ledger for the Technology-Learning Technology Centers contained $30,444 of expenditures that were not recorded in the proper general ledger accounts.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

                   REGIONAL OFFICE OF EDUCATION #12

CLAY/CRAWFORD/JASPER/LAWRENCE/RICHLAND COUNTIES

 

                    FINANCIAL AND COMPLIANCE AUDIT

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

                           For The Year Ended June 30, 2003

 

FY 2003

FY 2002

TOTAL REVENUES

$2,923,477

$3,309,486

Local Sources

$574,078

$629,186

% of Total Revenues

19.64%

19.01%

State Sources

$1,668,886

$1,981,263

% of Total Revenues

57.09%

59.87%

Federal Sources

$680,513

$699,037

% of Total Revenues

23.28%

21.12%

 

TOTAL EXPENDITURES

$2,869,363

$3,155,295

Salaries and Benefits

$1,338,308

$1,348,785

% of Total Expenditures

46.64%

42.75%

Purchased Services

$1,195,051

$1,194,551

% of Total Expenditures

41.65%

37.86%

All Other Expenditures

$336,004

$611,959

% of Total Expenditures

11.71%

19.39%

 

    

COST OF PROPERTY AND EQUIPMENT

$495,583

$428,825

 

* 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’s general ledger for the Technology-Learning Technology Centers contained $30,444 of expenditures that were not recorded in the proper general ledger accounts.

 

 

 

 

 

 

 

FINDINGS, CONCLUSIONS AND RECOMMENDATIONS

 

EXPENDITURES WERE NOT RECORDED TO THE PROPER GENERAL LEDGER ACCOUNTS

The Regional Office of Education #12’s general ledger for the Technology-Learning Technology Centers contained $30,444 of expenditures that were not recorded in the proper general ledger accounts.

Expenditures for grant programs should be made for allowable costs and should be recorded in the proper object code cells on the expenditure reports. (Finding 03-01, page 13-14)

The Regional Office of Education #12 responded that the expenditures were inadvertently coded to the incorrect accounts. Upon learning of the finding, the Regional Office provided an inservice for all bookkeepers of the Regional Office of Education #12.

AUDITORS’ OPINION

Our auditors state the Regional Office of Education # 12’s financial statements as of June 30, 2003 are fairly presented in all material respects.

 

 

____________________________________

WILLIAM G. HOLLAND, Auditor General

WGH:JRB

 

SPECIAL ASSISTANT AUDITORS

Our special assistant auditors were West & Company, LLC.