REPORT DIGEST

REGIONAL OFFICE OF EDUCATION # 32

IROQUOIS/KANKAKEE 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 0
Total last audit 1
Repeated from last audit 0

Release Date:
February 19, 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 # 32’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 Activity Measures are summarized on the reverse page.}

REGIONAL OFFICE OF EDUCATION # 32
IROQUOIS AND KANKAKEE COUNTIES
FINANCIAL AUDIT
For The Year Ended June 30, 2002

FY 2002

FY 2001
TOTAL REVENUES

1$4,238,698

$3,538,513

Local sources

$660,941

$406,459

% of Total Revenues

15.59%

11.49%

State Sources

1$2,481,027

$2,633,610

% of Total Revenues

58.53%

74.43%

Federal Sources

$1,096,730

$498,444

% of Total Revenues

25.87%

14.09%
TOTAL EXPENDITURES

1$4,133,504

$3,556,562

Salaries and Benefits

1$2,517,421

$2,188,773

% of Total Expenditures

60.90%

61.54%

Purchased Services

$1,045,058

$673,071

% of Total Expenditures

25.28%

18.92%

All Other Expenditures

$571,025

$694,718

% of Total Expenditures

13.81%

19.53%
COST OF PROPERTY AND EQUIPMENT

$404,003

$267,790

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 ($173,488). These on-behalf payments were not included in Fiscal Year 2001.
* Percentages may not add due to rounding.
REGIONAL SUPERINTENDENT
During Audit Period: Honorable Kay Pangle
Currently: Honorable Kay Pangle