REPORT DIGEST

DEPARTMENT OF EMPLOYMENT SECURITY

FINANCIAL AUDIT

For the One Year Ended:

June 30, 2000

 

Release Date:
February 28, 2001

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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 Department of Employment Security for the year ended June 30, 2000. A compliance audit covering the two years ending June 30, 2001 will be performed next year.

 

 

AUDITORS’ OPINION

Our auditors stated the Department of Employment Security’s June 30, 2000 financial statements are fairly presented in all material respects.

 

 

_____________________________________

WILLIAM G. HOLLAND, Auditor General

WGH:SES:pp

SPECIAL ASSISTANT AUDITORS

KPMG LLP were our special assistant auditors for this engagement.

 

ILLINOIS DEPARTMENT OF EMPLOYMENT SECURITY
FINANCIAL AND COMPLIANCE AUDIT
For The Years Ended June 30,

FINANCIAL INFORMATION (in thousands)

FY 2000

FY 1999

FY 1998

REVENUES (All Funds)

Unemployment taxes
Federal government
Interest and other investment income
Other revenue
Total revenues
EXPENDITURES (All Funds)
Current - Social Assistance
Capital outlays
Total expenditures
OTHER SOURCES (USES) OF FINANCIAL RESOURCES (All Funds)
Appropriations from State resources
Operating transfers in
Operating transfers out
Net other sources of financial resources

 

$1,156,161
205,070
135,362
466
$1,497,059

$1,379,192
6,392
$1,385,584


$7,573
24,862
(23,513)
$8,922

  

$1,157,105
186,230
127,548
185
$1,471,068

$1,330,218
4,259
$1,334,477


$8,074
32,299
(31,232)
$9,141

 

$1,170,504
189,865
119,442
238
$1,480,049

$1,317,535
5,380
$1,322,915


$9,599
21,021
(20,541)
$10,079
SELECTED ACCOUNT BALANCES

(All Funds, in thousands)

FY 2000

FY 1999

FY 1998

Cash and cash equivalents
Receivables, net
Due from other State of Illinois funds
Inventories
General fixed assets
Unexpended appropriation
Liabilities
Due to other State of Illinois funds
Deferred reimbursement of expenditures
General long-term obligations:
Compensated absences
Fund balance, reserved
Fund balance, unreserved/undesignated

$2,237,522
254,623
16,059
1,843
32,583
1,912
44,302
19,650
3,205

14,664
2,441,181
49,794

$2,094,703
310,777
13,904
1,730
34,159
1,970
33,245
16,590
3,086

14,886
2,360,594
44,143

$1,962,570
312,017
5,752
2,053
38,570
2,006
47,220
8,312
3,182

14,787
2,209,687
53,729

AGENCY DIRECTOR

During Audit Period: Gertrude W. Jordan
Currently: Gertrude W. Jordan