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REPORT DIGEST ILLINOIS BOARD OF HIGHER EDUCATION COMPLIANCE
EXAMINATION For the Two Years Ended: June 30, 2007 Summary of Findings: Total this audit 0 Total last audit 2 Repeated from last audit 0 Release Date: April 1, 2008
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 the worldwide web at http://www.auditor.illinois.gov |
INTRODUCTION
There were no material findings of noncompliance disclosed during our examination tests. AUDITORS' OPINION
We conducted a compliance examination of the Illinois Board of Higher Education as required by the Illinois State Auditing Act. We have not audited any financial statements of the Board for the purpose of expressing an opinion, because the agency does not, nor is it required to, prepare financial statements. ____________________________________ WILLIAM G. HOLLAND, Auditor General WGH:CML:pp AUDITORS ASSIGNED This examination was performed by the staff of the Office of the Auditor General. {Expenditures and Activity
Measures are summarized on the reverse page.} |
ILLINOIS
BOARD OF HIGHER EDUCATION
COMPLIANCE EXAMINATION
For
The Two Years Ended June 30, 2007
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EXPENDITURE STATISTICS |
FY 2007 |
FY 2006 |
FY 2005 |
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· Total Expenditures (All Funds)...................... |
$45,566,109 |
$44,525,472 |
$42,219,103 |
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OPERATIONS TOTAL................................. % of Total Expenditures.............................. |
$3,093,261
7% |
$2,760,139
6% |
$2,636,529
6% |
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Personal Services......................................... % of Operations Expenditures................... Average No. of Employees....................... |
$1,963,591
64%
31 |
$2,143,020
77%
33 |
$2,033,191
77%
33 |
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Other Payroll Costs (FICA, Retirement)......... % of Operations Expenditures................... |
$26,118
1% |
$27,020
1% |
$26,272
1% |
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Contractual Services..................................... % of Operations Expenditures.................. |
$537,318
17% |
$458,798
17% |
$472,144
18% |
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All Other Operations Items........................... % of Operations Expenditures.................. |
$566,234
18% |
$131,301
5% |
$104,922
4% |
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GRANTS TOTAL....................................... % of Total Expenditures...........................
Total State-Funded Grants.........................
% of Total Grants.......................................
Total Federally-Funded Grants..................
% of Total
Grants.........................................
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$42,472,848
93%
$40,175,943
95%
$2,296,905
5% |
$41,765,333
94%
$38,180,740
91%
$3,584,593
9% |
$39,582,574
94%
$37,746,758
95%
$1,835,816
5% |
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· Cost of Property and Equipment................... |
$519,201 |
$585,244 |
$583,932 |
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CASH RECEIPTS |
FY 2007 |
FY 2006 |
FY 2005 |
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·
General Revenue Fund -001....................................
·
Education Assistance Fund
–007..…………………
·
Tobacco Settlement
Recovery Fund - 733…............
·
BHE State Projects Fund -
736…...........................
·
Build Illinois Bond Fund
– 971…………………….
·
Federal Grants Fund - 983......................................
Total................................................................... |
$1,608,292
0
0
0
0
2,326,202
$3,934,494 |
$330,944
0
0
0
2,731
3,248,452
$3,582,127 |
$404,351
5,102
68
1,820,582
0
4,203,612
$6,433,715 |
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EXECUTIVE DIRECTOR |
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During Period: Mr. Thomas R. Lamont, Acting (7/1/05 –
11/11/05), Ms. Judy Erwin (11/12/05 - 6/30/07)
Currently: Ms.
Judy Erwin |
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