REPORT DIGEST

ILLINOIS RACING BOARD

FINANCIAL AND COMPLIANCE AUDIT

For the Two Years Ended:

June 30, 2000

Summary of Findings:

Total this audit 1

Total last audit 4

Repeated from last audit 0

Release Date:
March 14, 2001

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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

  

 

 

 

 

 

 

 

 

SYNOPSIS
  • The Board did not perform employee evaluations in a timely manner.

 

 

 

 

 

 

 

 

 

 

{Expenditures and Activity Measures are summarized on the reverse page.}

 

 

ILLINOIS RACING BOARD
FINANCIAL AND COMPLIANCE AUDIT
For The Two Years Ended June 30, 2000

EXPENDITURE STATISTICS

FY 2000

FY 1999

FY 1998
Total Expenditures (All Appropriated Funds)
OPERATIONS TOTAL
% of Total Expenditures
Personal Services
% of Operations Expenditures
Average No. of Employees:
Full-time
Per Diem

Other Payroll Costs (FICA, Retirement)

% of Operations Expenditures
Contractual Services
% of Operations Expenditures
All Other Operations Items
% of Operations Expenditures
GRANTS - RACE TRACK
IMPROVEMENT FUND
% of Total Expenditures

Property and Equipment (at cost)

$10,382,645

$6,647,863
64.03%
$4,172,329
62.76%

39
68


$875,178

13.17%
$734,859
11.05%
$865,497
13.02%

$3,734,782
35.97%

$2,138,028

$9,498,784

$6,421,450
67.60%
$3,990,458
62.14%

39
65


$828,771

12.91%
$708,385
11.03%
$893,836
13.92%

$3,077,334
32.40%

$2,183,337

$9,546,396

$6,214,217
65.09%
$3,900,431
62.77%

42
65


$689,289

11.10%
$662,067
10.65%
$962,430
15.48%

$3,332,179
34.91%

$2,209,477
SELECTED ACTIVITY MEASURES

CY 1999

CY 1998

CY 1997
  • On Track Handle (millions)
  • Intertrack Handle (millions)
  • Off Track Handle (millions)
  • Total Illinois Handle (millions)
  • Post Race Drug Tests
  • Positive Tests for Prohibited Drug

$200.7
323.8
579.3
$1,103.8
22,430
47

$208.0
312.9
566.2
$1,087.1
21,946
26

$292.2
309.7
578.2
$1,180.1
28,515
41
EXECUTIVE DIRECTOR(S)
During Audit Period: Joseph J. Sinopoli (7/1/98 to 1/31/99), Acting Director Mark Lanio (2/4/99 - 3/28/99), Jack Kubik (3/29/99 - Present)
Currently: Jack Kubik
 

 

 

 

 

13 of 25 employee evaluations reviewed were either late, not on file, or not performed

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

FINDINGS, CONCLUSIONS, AND RECOMMENDATIONS

LACK OF TIMELY EVALUATIONS OF BOARD EMPLOYEES

Board management did not conduct required employee evaluations on a timely basis.

Audit tests showed 13 of 25 employee evaluations reviewed were either late, not on file, or not performed. Nine evaluations were 9 to 390 days late. There were three evaluations not on file, and one employee was not evaluated for Fiscal Years 1999 and 2000.

The Board’s internal policy requires an annual evaluation of each employee based on either the anniversary or fiscal year. Board management stated that due to changes in management positions and the coding of certain employees, evaluations were not done until managers could become more familiar with the employee's duties and responsibilities. (Finding 1, page 12)

. We recommended evaluations be conducted according to the Board’s policy. Board management agreed with the recommendation and said that implementation had been undertaken.

AUDITORS’ OPINION

Our auditors state the financial statements of the Illinois Racing Board for the two years ended June 30, 2000 are fairly presented in all material respects.

 

 

____________________________________

WILLIAM G. HOLLAND, Auditor General

WGH:JAW:ak

SPECIAL ASSISTANT AUDITORS

McGreal, Johnson, and McGrane were our special assistant auditors for this audit.