REPORT DIGEST

 

ILLINOIS GAMING BOARD

(A Division of the Illinois Department of Revenue)

 

COMPLIANCE EXAMINATION

For the Year Ended:

June 30, 2005

 

Summary of Findings:

 

Total this audit                          0

Total last audit                          0

Repeated from last audit           0

 

 

Release Date:

April 25, 2006 

 

 

 

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 is also available on

the worldwide web at

http://www.state.il.us/auditor

 

 

 

 

INTRODUCTION

 

      The Illinois Gaming Board administers, enforces and regulates the systems of riverboat gambling.  The Board is a Division of the Illinois Department of Revenue.

 

 

FINDINGS, CONCLUSIONS, AND RECOMMENDATIONS

 

      There were no material findings of noncompliance disclosed during our examination testing.  We commend the Board for maintaining effective fiscal controls.

 

 

AUDITOR’S OPINION

 

      We conducted a compliance examination of the Illinois Gaming Board in conjunction with the Illinois Department of Revenue audit as required by the Illinois State Auditing Act.  Financial statements for the Board are included in the audit report of the Illinois Department of Revenue.

 

 

 

 

 

___________________________________

WILLIAM G. HOLLAND, Auditor General

 

WGH:TLD:pp

 

SPECIAL ASSISTANT AUDITORS

 

      Our special assistant auditors for this engagement were McGladrey & Pullen, LLP.

 

 

 

 

 

 

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

ILLINOIS GAMING BOARD

(A DIVISION OF THE ILLINOIS DEPARTMENT OF REVENUE)

COMPLIANCE EXAMINATION

For the Year Ended June 30, 2005

 

EXPENDITURE STATISTICS

FY 2005

FY 2004

 

·         Total Expenditures and Operating Transfers (in thousands)............................................

 

OPERATIONS TOTAL..................................

      % of Total Expenditures............................

      Personal Services.......................................

            % of Operations Expenditures...............

            Average Number of Employees............

      Other Payroll Costs (FICA, Retirement)......

            % of Operations Expenditures...............

      Contractual Services...................................

            % of Operations Expenditures...............

      All Other Operations Items.........................

            % of Operations Expenditures...............

 

GRANTS TO LOCAL GOVERNMENTS AND REFUNDS TOTAL     

      % of Total Expenditures............................

 

OPERATING TRANSFERS TO EDUCATION ASSISTANCE FUND TOTAL........................

      % of Total Expenditures............................

 

·         Total Revenues.......................................

 

OTHER TAXES..............................................

      % of Total Revenues.................................

 

LICENSES AND FEES...................................

      % of Total Revenues.................................

 

 

$665,172,095

 

$14,282,737

2%

$4,760,524

33%

71

$1,932,200

13%

$6,794,913

48%

$795,100

6%

 

 

$102,877,358

16%

 

 

$548,012,000

82%

 

$666,771,000

 

$665,893,000

99.9%

 

$878,000

.1%

 

 

$632,936,576

 

$13,684,664

2%

$5,016,398

37%

68

$1,726,897

12%

$6,386,236

47%

$555,133

4%

 

 

$98,558,912

16%

 

 

$520,693,000

82%

 

$632,856,000

 

$632,019,000

99.9%

 

$837,000

.1%

SELECTED ACTIVITY MEASURES (unaudited)

Calendar

2004

Calendar

2003

·        Number of Licenses...................................

·        Adjusted Gross Receipts (AGR)................

·        Admissions................................................

·        AGR Per Admission..................................

·        Total Tax...................................................

·        State Share................................................

·        Local Share...............................................

10

$1,717,991,115

15,331,021

$112

$802,161,018

$700,930,079

$101,230,939

10

$1,709,943,480

16,597,552

$103

$719,858,219

$617,797,595

$102,060,624

BOARD CHAIRMAN

During Audit Period:     Elzie Higginbottom (July 1, 2004 to August 27, 2004)

Judge Aaron Jaffe (March 21, 2005 to June 30, 2005)

Currently:  Judge Aaron Jaffe