REPORT DIGEST CHICAGO TECHNOLOGY PARK CORPORATION FINANCIAL AUDIT AND COMPLIANCE
EXAMINATION For the Year Ended: June 30, 2009 Summary of Findings: Total this audit 0 Total last audit 1 Repeated from last audit 0 Release Date: March 3, 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 (217) 782-6046 or TTY (888)
261-2887 This Report Digest and the Full Report are also available on the worldwide web at |
FINAL REPORT This is our final report on
the Chicago Technology Park
Corporation. The Corporation was
voluntarily dissolved on June 26,
2009. AUDITORS’ OPINION
Our auditors stated that
the financial statements present fairly, in all material respects, the
respective financial position of the business-type activities of the Corporation
as of June 30, 2009, and the respective changes in net assets and cash flows
thereof for the year then ended. ____________________________________ WILLIAM G. HOLLAND, Auditor General WGH:KMC:drh SPECIAL ASSISTANT AUDITORSOur special assistant auditors on this audit were E.C. Ortiz & Co., LLP. {Expenditures and Activity Measures are summarized on the reverse page.} |
CHICAGO TECHNOLOGY PARK CORPORATION
FINANCIAL AUDIT AND COMPLIANCE EXAMINATION
For the Year Ended June 30, 2009
STATEMENT OF REVENUES, EXPENSES, AND CHANGES IN NET ASSETS |
FY
2009 |
FY 2008 |
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OPERATING REVENUES Federal Grants and Contracts State Grants and Contracts Services Total Operating Revenues OPERATING EXPENSES Grant Programs Depreciation and Amortization Total Operating Expenses OPERATING (LOSS) INCOME CHANGE IN NET ASSETS |
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STATEMENT OF NET
ASSETS |
FY
2009 |
FY 2008 |
|
ASSETS Cash and Cash Equivalents Accounts Receivable Due from other State Agencies Total Assets LIABILITIES Accounts Payable and Accrued Expenses Total Liabilities: NET ASSETS Restricted for grant activities Invested in Capital Assets Total Net Assets TOTAL
LIABILITIES AND NET ASSETS |
$ -----
$ ----- - $ ----- - |
$ 7,343 105,192 106,593 $ 219,128 $ 97,156 $ 97,156 $ 121,972 $ 121,972 $ 219,128 |
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PRESIDENT |
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During Audit Period: Samuel Pruett Currently: N/A |
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