| REPORT DIGEST REGIONAL OFFICE OF EDUCATION #39 FINANCIAL AUDIT (In Accordance with the 
	Single Audit Act
  and OMB Circular A-133) For the Year Ended: June 30, 2009 Summary of Findings: Total this audit 0 Total last audit 0 Repeated from last audit 0 Release Date: February 4, 2010 
 
 
 State of  Office of the Auditor General WILLIAM G. HOLLAND AUDITOR GENERAL 
 
 To obtain a copy of the
  Report contact: Office of the Auditor
  General (217) 782-6046 or TTY (888)
  261-2887 This Report Digest and Full
  Report are also available on the worldwide web at |  | INTRODUCTION          Our
  report covers the financial audit for the period ending June 30, 2009. AUDITORS’ OPINION Our auditors state the Regional Office of Education #39’s financial statements as of June 30, 2009 are fairly presented in all material respects. _____________________________________ WILLIAM
  G. HOLLAND, Auditor General WGH:JB SPECIAL ASSISTANT AUDITORS          Our special assistant auditors were
  West & Company, LLC. {Expenditures and Revenues are summarized on the reverse page.} | 
REGIONAL OFFICE OF
EDUCATION #39
FINANCIAL AUDIT
For The Year Ended June
30, 2009
|  | FY 2009 | FY 2008 | 
| TOTAL REVENUES | $8,224,356 | $8,761,270 | 
| Local Sources | $1,417,797 | $1,607,665 | 
| % of Total Revenues | 17.24% | 18.35% | 
| State Sources | $5,630,134 | $5,721,561 | 
| % of Total Revenues | 68.46% | 65.31% | 
| Federal Sources | $1,176,425 | $1,432,044 | 
| % of Total Revenues | 14.30% | 16.35% | 
|  | ||
| TOTAL EXPENDITURES | $7,767,179 | $8,437,549 | 
| Salaries and Benefits | $6,053,128 | $6,533,845 | 
| % of Total Expenditures | 77.93% | 77.44% | 
| Purchased Services | $1,477,526 | $1,673,787 | 
| % of Total Expenditures | 19.02% | 19.84% | 
| All Other Expenditures | $236,525 | $229,917 | 
| % of Total Expenditures | 3.05% | 2.72% | 
|  | ||
| TOTAL NET ASSETS | $2,508,235 | $2,051,058 | 
|  | ||
| INVESTMENT IN
  CAPITAL ASSETS | $72,810 | $66,530 | 
| Percentages
  may not add due to rounding. | ||
| REGIONAL
  SUPERINTENDENT   | 
| During Audit Period: Honorable Richard Shelby (7/1/08 through 3/31/09) Honorable Matthew Snyder (4/1/09 through 6/30/09) Currently: Honorable Matthew Snyder |