REPORT DIGEST

ILLINOIS BOARD OF ADMISSIONS TO THE BAR

FINANCIAL AUDIT

AND COMPLIANCE EXAMINATION

For the Two Years Ended:

September 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 is also available on

the worldwide web at

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

INTRODUCTION

      There were no material findings of noncompliance disclosed by our audit tests.  We commend the Board for maintaining an effective system of internal controls.

AUDITORS’ OPINION

      Our auditors state the financial statements of the Board of Admissions to the Bar as of September 30, 2005 and September 30, 2004, and for the years then ended are fairly presented in all material respects.

___________________________________

WILLIAM G. HOLLAND, Auditor General

WGH:GSR:pp

SPECIAL ASSISTANT AUDITORS

      Our special assistant auditor for this audit was Kyle E. McGinnis, CPA.

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

REVENUES AND EXPENSES

FY 2005

FY 2004

FY 2003

      Total Revenue (accrual basis)...........................

       Examination fees..................................................

       % of Total Revenue..............................................

       Character & Fitness Review Fees.........................

       % of Total Revenue..............................................

       Application on Motion..........................................

       % of Total Revenue..............................................

       Investment income................................................

       % of Total Revenue..............................................

       House Counsel fees..............................................

       % of Total Revenue..............................................

       Gain on Investment...............................................

       % of Total Revenue..............................................

$2,902,796

1,392,450

47.97%

1,188,450

40.94%

87,200

3.00%

126,818

4.37%

107,300

3.70%

578

.02%

$2,556,191

1,353,350

52.94%

981,600

38.40%

80,800

3.16%

116,241

4.55%

24,200

.95%

0

0.00%

$2,512,445

1,277,250

50.84%

1,020,000

40.60%

69,900

2.78%

145,295

5.78%

0

0.00%

0

0.00%

      Total Expenses (accrual basis)..........................

       Salaries, wages, and payroll taxes.........................

       % of Total Expenses............................................

       Proctors...............................................................

       % of Total Expenses............................................

       Examinations purchased.......................................

       % of Total Expenses............................................

       Examination grading.............................................

       % of Total Expenses............................................

       Examination administration....................................

        % of Total Expenses............................................

       Admission ceremony............................................

       % of Total Expenses............................................

       Rent - office.........................................................

       % of Total Expenses............................................

       Insurance.............................................................

       % of Total Expenses............................................

       General operating.................................................

       % of Total Expenses............................................

       Retirement contract..............................................

       % of Total Expenses............................................

       Miscellaneous expense.........................................

        % of Total Expenses...........................................

       Character and fitness review.................................

        % of Total Expenses...........................................

$2,645,049

805,271

30.44%

140,971

5.33%

302,139

11.42%

244,909

9.26%

278,079

10.51%

25,947

.98%

52,524

1.99%

158,105

5.98%

478,411

18.09%

26,201

.99%

26,428

1.00%

106,064

4.01%

$2,432,210

734,781

30.21%

141,775

5.83%

265,775

10.93%

229,135

9.42%

291,500

11.98%

21,419

.88%

46,464

1.91%

139,136

5.72%

417,852

17.18%

26,055

1.07%

32,307

1.33%

86,011

3.54%

$2,129,758

646,158

30.34%

136,554

6.41%

253,015

11.88%

223,336

10.49%

225,818

10.60%

21,502

1.01%

56,564

2.66%

118,073

5.54%

335,706

15.76%

9,925

.47%

38,330

1.80%

64,777

3.04%

SELECTED ACTIVITY MEASURES (unaudited)

FY 2005

FY 2004

FY 2003

        Number of Exams Written

             February......................................................

             July..........................................................

             Total........................................................

1,057

2,813

3,870

1,052

2,575

3,627

1,046

2,385

3,431

AGENCY DIRECTOR

During Audit Period:     Jan Hefti, Director of Administration

Currently:                     Jan Hefti, Director of Administration