REPORT DIGEST

DEPARTMENT OF HUMAN SERVICES

CENTRAL OFFICE

FINANCIAL AUDIT

For the Year Ended:

June 30, 2002

 

Release Date:
April 3, 2003

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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 digest covers our financial audit of the Department of Human Services for the year ended June 30, 2002. A two year compliance audit and a one year financial audit will be performed for the period ended June 30, 2003.

NEW ACCOUNTING PRONOUNCEMENTS

Effective July 1, 2001, the Department adopted the provisions of Governmental Accounting Standards Board (GASB) Statement No. 34, Basic Financial Statements – and Management’s Discussion and Analysis – for State and Local Governments and Statement No. 37, Basic Financial Statements and Management’s Discussion and Analysis for State and Local Governments: Omnibus. These Statements established new financial reporting requirements and significantly changes the format and content of the Department’s financial statements. They require new information and restructure much of the information that the Department has presented in the past.

Effective July 1, 2001, the Department adopted the provisions of GASB Statement No. 38, Certain Financial Statement Note Disclosures. This Statement modifies, establishes, and rescinds certain financial statement note disclosures.

AUDITORS' OPINION

Our auditors stated the Department's financial statements at June 30, 2002 are fairly presented in all material respects.

___________________________________

WILLIAM G. HOLLAND, Auditor General

WGH:RPU:pp

SPECIAL ASSISTANT AUDITORS

Sikich Gardner & Co, LLP were our special assistant auditors for this audit.

{Selected financial information is summarized on the next page.}

DEPARTMENT OF HUMAN SERVICES - CENTRAL OFFICE
FINANCIAL AUDIT
For The Year Ended June 30, 2002

FINANCIAL INFORMATION – Governmental Funds (in thousands)

FY 2002*

REVENUES
Program revenues: charges for service
Program revenues: operating grants
General revenue: interest and other
Total revenue
EXPENDITURES
Health and social services
Debt service – principle
Debt services – interest
Capital outlays
Total expenditures
OTHER SOURCES (USES)
Appropriation from State resources
Transfers in
Transfers out
Receipts collected and transmitted to treasurer
Other
Total other sources (uses)
FUND BALANCE / NET ASSETS
Change in fund balance/net assets
Lapsed appropriations
Fund balance/net assets July 1 (as restated)
Fund balance/net assets June 30

$ 29,037
2,352,098
15,767
$ 2,396,902

$(5,467,244)
0
(281)
0
$(5,467,525)

$ 3,906,978
75,892
(8,221)
(832,924)
9,964
$ 3,151,689

$ 81,066
(137,343)
392,976
$ 336,699

SELECTED ACCOUNT BALANCES – Governmental Funds (in thousands)

2002

Cash and cash equivalents
Due from other governments – federal
Other receivables, net
Due from other State of Illinois funds
Inventories
Capital assets, net of accumulated depreciation
Unexpended Appropriations
Other assets
Liabilities
Net assets, invested in capital assets, net of debt
Net assets/fund balance, reserved/restricted
Net assets/fund balance, unreserved/undesignated
$56,383
$130,194
$8,089
$25,433
$17,397
$357,615
$253,424
$26,015
$537,851
$352,680
$1,634
$(17,615)
SECRETARY
During Audit Period: Linda Renee Baker
Currently: Carol L. Adams, Ph.D. (effective February 16, 2003)

* Due to the change in accounting principles related to the implementation of GASB Statement No. 34, comparative information was not presented. Comparative information will be presented in future audit periods.