REPORT DIGEST

UPPER ILLINOIS RIVER VALLEY DEVELOPMENT AUTHORITY

SPECIAL LIMITED SCOPE COMPLIANCE EXAMINATION
For the Two Years Ended: June 30, 2009

Summary of Findings:

Total this audit: 0

Total last audit: 0

Repeated from last audit: 0

Release Date: May 18, 2010

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.auditor.illinois.gov

INTRODUCTION

The Illinois General Assembly made appropriations to the Upper Illinois River Valley Development Authority to replenish draws on the debt service reserve fund backing bonds issued on behalf of Waste Recovery - Illinois. Expenditures from these appropriations totaled $294,491 in Fiscal Year 2008 and $283,884 in Fiscal Year 2009. Our special limited scope compliance examination was limited to these State appropriations and related payments as authorized by the Illinois State Auditing Act (30 ILCS 5).

Mr. Andrew Hamilton serves as the executive director of the Authority.

FINDINGS, CONCLUSIONS, AND RECOMMENDATIONS

There were no material findings of noncompliance disclosed during our examination.

AUDITORS’ OPINION

We conducted a special limited scope compliance examination of appropriations made by the General Assembly to the Authority and related expenditures as authorized by the Illinois State Auditing Act.

WILLIAM G. HOLLAND, Auditor General

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AUDITORS ASSIGNED

This examination was conducted by staff of the Office of the Auditor General.