REPORT DIGEST

REGIONAL OFFICE OF EDUCATION #14

SUBURBAN COOK COUNTY

FINANCIAL AUDIT

For the Year Ended:

June 30, 2005

Summary of Findings:

Total this audit                          2

Total last audit                          0

Repeated from last audit           0

Release Date:

June 20, 2006 

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 and Full Report are also available on

the worldwide web at

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

SYNOPSIS

·        The Regional Office of Education #14 submitted an expenditure report that did not accurately reflect the grant activity of the period.

·        The Regional Office of Education #14 did not examine at least once each year all books, accounts, and vouchers of every school treasurer in its educational service region.

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

FY 2005

FY 2004

TOTAL REVENUES

$1,741,137

$1,986,602

Local Sources

$714,158

$858,201

% of Total Revenues

41.02%

43.20%

State Sources

$1,026,979

$1,128,401

% of Total Revenues

58.98%

56.80%

Federal Sources

$0

$0

% of Total Revenues

0%

0%

TOTAL EXPENDITURES

$1,942,920

$1,825,009

Salaries and Benefits

$836,628

$754,623

% of Total Expenditures

43.06%

41.35%

Purchased Services

$328,680

$348,050

% of Total Expenditures

16.92%

19.07%

All Other Expenditures

$777,612

$722,336

% of Total Expenditures

40.02%

39.58%

TOTAL NET ASSETS

$137,413

$830,321

INVESTMENT IN CAPITAL ASSETS

$31,259

$19,236

     Percentages may not add due to rounding.

REGIONAL SUPERINTENDENT 

During Audit Period: Honorable Robert Ingraffia

Currently:  Honorable Robert Ingraffia

The Regional Office of Education #14 submitted an expenditure report that did not accurately reflect the grant activity of the period.

The Regional Office of Education #14 did not examine at least once each year all books, accounts, and vouchers of every school treasurer in its educational service region.

FINDINGS, CONCLUSIONS AND RECOMMENDATIONS

INACCURATE EXPENDITURE REPORT

        Regional Office of Education #14 submitted an expenditure report that did not accurately reflect the grant activity of the period.  The Regional Office included $2,014 in expenses related to the 2004/2005 Truant Alternative Grant on the expenditure report for both the 2003/2004 and the 2004/2005 grants. Amounts submitted on grant expenditure reports to the Illinois State Board of Education should be in agreement with the general ledger.  (Finding 05-1, page 9)

       The Regional Office accepted the recommendation to amend the expenditure report to accurately reflect the grant activity for the 2003/2004 grant year and has notified the Illinois State Board of Education of the error.

CONTROLS OVER COMPLIANCE WITH LAWS AND REGULATIONS

        The Illinois School Code (105 ILCS 5/3-14.11) requires the Regional Superintendent to examine at least once each year all books, accounts, and vouchers of every school treasurer in his educational service region, and if he finds any irregularities in them, to report them at once, as directed by the School Code.

         The Regional Office did not examine at least once each year all books, accounts, and vouchers of every school treasurer in the educational service region.  Regional Office officials noted they believe the mandate is outdated and that they are satisfying the intent of the statute by other reviews they undertake.  This mandate has existed in its current form since at least 1953. (Finding 05-2, pages 10-11)

          The Regional Office accepted the recommendation, responding that it will seek a legislative solution to this and other obsolete passages.   

                             AUDITORS’ OPINION

          Our auditors state the Regional Office of Education #14’s financial statements as of June 30, 2005 are fairly presented in all material respects.

_____________________________________

WILLIAM G. HOLLAND, Auditor General

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SPECIAL ASSISTANT AUDITORS

        Our special assistant auditors were Clifton Gunderson, LLP.