REPORT DIGEST

 

ILLINOIS HEALTH FACILITIES AUTHORITY

 

FINANCIAL AND COMPLIANCE AUDIT
For the Year Ended:
June 30, 1996

 

Summary of Findings:

Total this audit 0
Total last audit 0
Repeated from last audit 0

 

Release Date:

April 15, 1997


State of Illinois
Office of the Auditor General

WILLIAM G. HOLLAND
AUDITOR GENERAL

Iles Park Plaza
740 E. Ash Street
Springfield, IL 62703
(217) 782-6046

INTRODUCTION

Our report disclosed no material compliance findings. The Authority is commended for maintaining effective fiscal controls.

AUDITORS' OPINION

Our auditors state that the June 30, 1996 financial statements of the Illinois Health Facilities Authority are fairly presented.

 

 

____________________________________
WILLIAM G. HOLLAND, Auditor General

WGH:ROQ:ak

SPECIAL ASSISTANT AUDITORS

Berg, DeMarco, Lewis, Sawatski & Co. were our special assistant auditors for this audit.

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

 

ILLINOIS HEALTH FACILITIES AUTHORITY
FINANCIAL AND COMPLIANCE AUDIT
For The Year Ended June 30, 1996

REVENUE AND EXPENSES STATISTICS

FY 1996

FY 1995

FY 1994

  • Total Revenue

OPERATIONS TOTAL
% of Total Revenues
Application Fee
% of Total Revenue
Annual Fees
% of Total Revenue
Other Income
% of Total Revenue

  • Total Expenses

OPERATIONS TOTAL
% of Total Operations
Salaries and Benefits
% of Operations Expenditures
Average No. of Employees
Contractual Services
% of Operations Expenditures
All Other Operations Items
% of Operations Expenditures

  • Cost of Property and Equipment

$1,669,380

$1,669,380
100%
$635,476
38%
$664,634
40%
$369,270
22%

$1,378,052

$1,378,052
100%
$350,694
25%
6
$804,592
59%
$222,766
16%

$237,796

$2,184,378

$2,184,378
100%
$573,543
26.2%
$1,268,733
58.1%
$342,102
15.7%

$1,201,577

$1,201,577
100%
$312,505
26.0%
6
$659,643
55.0%
$229,429
19.0%

$249,577

$2,834,057

$2,834,057
100%
$1,146,875
40.5%
$1,406,342
49.6%
$280,840
9.9%

$1,830,695

$1,830,695
100%
$295,471
16.1%
6
$1,307,152
71.4%
$228,072
12.5%

$216,545

SELECTED ACTIVITY MEASURES

FY 1996

FY 1995

FY 1994

  • Total Number of Bond Issues

275

278

259

  • Total Number of New Bond Issues

15

28

25

  • Total Bond Issue Value Outstanding (in millions)

$7,204

$7,150

$6,771

AGENCY DIRECTOR(S)

During Audit Period: Mary McInerney
Currently: Mary McInerney