REPORT DIGEST

 

CAPITAL DEVELOPMENT BOARD

 

FINANCIAL AUDIT

For the Year Ended:

June 30, 2001

 

Release Date:
February 13, 2002

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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

This report covers our examination of the financial statements of the Capital Development Board for the year ended June 30, 2001. A compliance audit covering the two years ending June 30, 2002 will be performed next year.

 

AUDITORS’ OPINION

The auditors’ opinion states the Capital Development Board’s financial statements as of June 30, 2001 and for the year then ended are fairly presented in all material respects.

 

 

 

 

_____________________________________

WILLIAM G. HOLLAND, Auditor General

WGH:LKW:pp

SPECIAL ASSISTANT AUDITORS

Clifton Gunderson LLP were our special assistant auditors for this engagement.

CAPITAL DEVELOPMENT BOARD
FINANCIAL AUDIT
For the Period Ended June 30, 2001
OPERATING STATISTICS (All Funds)

FY 2001

FY 2000
 

(in thousands)
  • Total Revenues
  • Total Expenditures
  • Other Sources (Uses) of Financial Resources

Appropriations, Net of Amount Reappropriated for Future Year and Net of Amounts Lapsed

Operating Transfers Out, Net

Other

$45,954

$837,257

 

$831,200

$(77,549)

$36,812

 $30,763

$753,204

 

$767,879

$(66,748)

$22,125
SELECTED BALANCE SHEET ACCOUNTS, AS OF JUNE 30,

2001

2000
  • ASSETS

Cash and Cash Equivalents

Receivables, Net

Property, Plant, and Equipment

  • LIABILITIES

Accounts Payable and Accrued Liabilities

Amounts Retained from Payments to Contractors

Due to Other Agencies, Governments, or Funds

 

$33,232

$9,809

$276,798

 

$81,333

$38,742

$33,551

  

$27,326

$5,304

$217,430

 

$61,771

$23,245

$22,276
AGENCY DIRECTOR(S)
During Audit Period: Kim Robinson, Executive Director
Currently: Kim Robinson, Executive Director