REPORT DIGEST

FINANCIAL AUDIT
For the Year Ended:
June 30, 1998







Release Date:
May 20, 1999

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 financial audit for the year ended June 30, 1998. A compliance audit covering the two years ending June 30, 1999 will be performed next year. 

 

AUDITORS' OPINION

Our auditors state the financial statements of Governors State University Alumni Association at June 30, 1998 are fairly presented in all material respects. 

 

____________________________________
WILLIAM G. HOLLAND, Auditor General

WGH:ROQ:ak 

 

SPECIAL ASSISTANT AUDITORS

Our special assistant auditors for this audit were De Raimo, Eisen & Fey.

 

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

FY 1998

FY 1997

EXPENDITURES
Academic Awards
University Support
Budget Allocation from GSU
Alumni Events
General
   Total expenditures

$124,751
11,244
12,927
$148,922

$31,332
50,155
12,927
10,893
27,155
$132,462

$105,962
11,235
24,082
$141,279

$41,248
53,999
24,082
-0-
10,909
$130,238

AT JUNE 30,
1998

AT JUNE 30,
1997

$239,850

$105,569
$71,299
$48,677

$215,742

$77,895
$86,244
$45,941