REPORT DIGEST

ENVIRONMENTAL PROTECTION AGENCY

FINANCIAL AUDIT

For the Year Ended: June 30, 2011

Release Date: March 6, 2012

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 www.auditor.illinois.gov

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INTRODUCTION

We performed a financial audit of the Environmental Protection Agency Fund - 270 Water Revolving Fund for the year ended June 30, 2011. A two-year compliance examination and a one-year financial statement audit of the Fund 270 will be performed for the period ended June 30, 2012.

AUDITORS’ OPINION

We conducted a financial audit of the Agency’s Water Revolving Fund for the year ended June 30, 2011. Our special assistant auditors stated that the Agency’s Water Revolving Fund financial statements of the Illinois Environmental Protection Agency as of and for the year ended June 30, 2011 are fairly stated in all material respects.

WILLIAM G. HOLLAND

Auditor General

WGH:PH

AUDITORS ASSIGNED

Our special assistant auditors for this engagement were E.C. Ortiz and Company, LLP.