REPORT DIGEST

REGIONAL OFFICE OF EDUCATION # 31

KANE COUNTY

FINANCIAL AUDIT

For the Year Ended:

June 30, 2002

Summary of Findings:

Total this audit 0
Total last audit 3
Repeated from last audit 0

Release Date:
April 16, 2003

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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

  

INTRODUCTION

Our report covers the financial audit for the period ending June 30, 2002.

 

AUDITORS’ OPINION

Our auditors state the Regional Office of Education #31’s financial statements as of June 30, 2002 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.

 

 

 

 

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

 


REGIONAL OFFICE OF EDUCATION # 31
KANE COUNTY
FINANCIAL AUDIT
For The Year Ended June 30, 2002

FY 2002

FY 2001
TOTAL REVENUES

1$4,051,986

$4,934,238

Local sources

$1,623,812

$2,289,780

% of Total Revenues

40.07%

46.41%

State Sources

1$2,330,805

$2,644,448

% of Total Revenues

57.52%

53.59%

Federal Sources

$97,369

$10

% of Total Revenues

2.40%

0%
TOTAL EXPENDITURES

1$3,987,747

$4,288,646

Salaries and Benefits

1$1,500,617

$1,206,217

% of Total Expenditures

37.63%

28.13%

Purchased Services

$1,439,580

$1,715,836

% of Total Expenditures

36.10%

40.01%

All Other Expenditures

$1,047,550

$1,366,593

% of Total Expenditures

26.27%

31.87%
COST OF PROPERTY AND EQUIPMENT

$887,305

$732,248

Note: Fiscal Year 2001 data was obtained from audits of ROEs conducted under the direction of the Illinois State Board of Education.
1 Fiscal Year 2002 amounts include on-behalf payments ($173,507). These on-behalf payments were not included in Fiscal Year 2001.
*Percentages may not add due to rounding.
REGIONAL SUPERINTENDENT
During Audit Period: Honorable Clem Mejia
Currently: Honorable Clem Mejia