REPORT DIGEST
REGIONAL OFFICE OF EDUCATION #20
EDWARDS/GALLATIN/ HARDIN/POPE/SALINE/ WABASH/WAYNE/WHITE COUNTIES
FINANCIAL AND COMPLIANCE AUDIT (In Accordance with the Single Audit Act and OMB Circular A-133)
For the Year Ended: June 30, 2003
Summary of Findings:
Total this audit 0 Total last audit 0 Repeated from last audit 0
Release Date: February 18, 2004
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 TDD (217) 524-4646
This Report Digest is also available on the worldwide web at http://www.state.il.us/auditor |
INTRODUCTION Our report covers the financial and compliance audit, in accordance with the Single Audit Act and OMB Circular A-133, for the period ending June 30, 2003.
AUDITORS’ OPINION Our auditors state the Regional Office of Education #20’s financial statements as of June 30, 2003 are fairly presented in all material respects.
___________________________________ WILLIAM G. HOLLAND, Auditor General WGH:JRB
SPECIAL ASSISTANT AUDITORS Our special assistant auditors were West & Company, LLC.
{Expenditures and Revenues are summarized on the reverse page.} |
REGIONAL OFFICE OF EDUCATION # 20
EDWARDS/GALLATIN/HARDIN/POPE/SALINE/WABASH/WAYNE/WHITE COUNTIES
FINANCIAL AND COMPLIANCE AUDIT
(In accordance with the Single Audit Act and OMB Circular A-133)
For The Year Ended June 30, 2003
FY 2003 |
FY 2002 |
|
TOTAL REVENUES |
$2,720,993 |
$2,958,913 |
Local sources |
$500,061 |
$440,472 |
% of Total Revenues |
18.38% |
14.89% |
State Sources |
$1,043,980 |
$1,503,384 |
% of Total Revenues |
38.37% |
50.81% |
Federal Sources |
$1,176,952 |
$1,015,057 |
% of Total Revenues |
43.25% |
34.30% |
|
||
TOTAL EXPENDITURES |
$2,712,804 |
$2,928,973 |
Salaries and Benefits |
$1,663,439 |
$1,801,987 |
% of Total Expenditures |
61.32% |
61.52% |
Purchased Services |
$793,041 |
$607,518 |
% of Total Expenditures |
29.23% |
20.74% |
All Other Expenditures |
$256,324 |
$519,468 |
% of Total Expenditures |
9.45% |
17.74% |
|
|
|
COST OF PROPERTY AND EQUIPMENT |
$419,880 |
$423,757 |
|
||
* Percentages may not add due to rounding. |
REGIONAL SUPERINTENDENT |
During Audit Period: Honorable Linda Blackman Currently: Honorable Linda Blackman |