REPORT DIGEST

REGIONAL OFFICE OF EDUCATION #16

DEKALB COUNTY

FINANCIAL AUDIT

(In Accordance with the

Single Audit Act and OMB Circular A-133)

For the Year Ended:

June 30, 2005

Summary of Findings:

Total this audit                          1

Total last audit                          1

Repeated from last audit           0

Release Date:

June 20, 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 are also available on

the worldwide web at

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

SYNOPSIS

·        The Regional Office of Education #16 did not examine at least once each year all books, accounts, and vouchers of every school treasurer in its educational service region.

             {Expenditures and Revenues are summarized on the reverse page.}

FY 2005

FY 2004

TOTAL REVENUES

$800,829

$636,641

Local Sources

$86,660

$75,043

% of Total Revenues

10.82%

11.79%

State Sources

$663,886

$251,662

% of Total Revenues

82.90%

39.53%

Federal Sources

$50,283

$309,936

% of Total Revenues

6.28%

48.68%

TOTAL EXPENDITURES

$800,873

$653,904

Salaries and Benefits

$237,056

$250,605

% of Total Expenditures

29.60%

38.32%

Purchased Services

$414,081

$394,100

% of Total Expenditures

51.70%

60.27%

All Other Expenditures

$149,736

$9,199

% of Total Expenditures

18.70%

1.41%

TOTAL NET ASSETS

$88,503

$88,547

INVESTMENT IN CAPITAL ASSETS

$0¹

$0¹

¹  Capital assets of the Region were purchased using the governmental resources of the County.

REGIONAL SUPERINTENDENT

During Audit Period:  Honorable Gilbert E. Morrison, Jr.

Currently: Honorable Gilbert E. Morrison, Jr.

The Regional Office of Education #16 did not examine at least once each year all books, accounts, and vouchers of every school treasurer in its educational service region.

FINDINGS, CONCLUSIONS AND RECOMMENDATIONS

CONTROLS OVER COMPLIANCE WITH LAWS AND REGULATIONS

       The Illinois School Code (105 ILCS 5/3-14.11) requires the Regional Superintendent to examine at least once each year all books, accounts, and vouchers of every school treasurer in his educational service region, and if he finds any irregularities in them, to report them at once, as directed by the School Code.

       The Regional Office did not examine at least once each year all books, accounts, and vouchers of every school treasurer in the educational service region.  Regional Office officials noted they believe the mandate is outdated and that they are satisfying the intent of the statute by other reviews they undertake.  This mandate has existed in its current form since at least 1953. (Finding 05-1, pages 11-12)

      The Regional Office accepted the recommendation, noting it will seek a legislative solution to this and other obsolete passages.   

AUDITORS’ OPINION

      Our auditors state the Regional Office of Education #16’s financial statements as of June 30, 2005 are fairly presented in all material respects.

_____________________________________

WILLIAM G. HOLLAND, Auditor General

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SPECIAL ASSISTANT AUDITORS

        Our special assistant auditors were Clifton Gunderson, LLP.