REPORT DIGEST

REGIONAL OFFICE OF EDUCATION #22

FULTON AND SCHUYLER COUNTIES

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                         0

Repeated from last audit           0

Release Date:

February 14, 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

SYNOPSIS

·        The Regional Office of Education #22 did not examine at least once each year all books, accounts, and vouchers of every school treasurer in its education service region.

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

FY 2005

FY 2004

TOTAL REVENUES

$810,622

$872,485

Local Sources

$222,712

$227,150

% of Total Revenues

27.47%

26.03%

State Sources

$519,812

$451,979

% of Total Revenues

64.13%

51.80%

Federal Sources

$68,098

$193,356

% of Total Revenues

8.40%

22.16%

TOTAL EXPENDITURES

$843,487

$871,325

Salaries and Benefits

$674,241

$694,062

% of Total Expenditures

79.93%

79.66%

Purchased Services

$110,380

$119,657

% of Total Expenditures

13.09%

13.73%

All Other Expenditures

$58,866

$57,606

% of Total Expenditures

6.98%

6.61%

TOTAL NET ASSETS

$393,742

$408,022

INVESTMENT IN CAPITAL ASSETS

$67,684

$46,030

              Percentages may not add due to rounding.

REGIONAL SUPERINTENDENT 

During Audit Period:  Honorable Alan Coleman

Currently:  Honorable Alan Coleman

The Regional Office of Education #22 did not examine at least once each year all books, accounts, and vouchers of every school treasurer in its education 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 education 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, page 15)

          The Regional Office accepted the recommendation to comply with the statutory requirement, and if it believes the mandate is obsolete, to seek legislative action to revise the statute accordingly.  The Regional Office responded it will request that the General Assembly delete this and other obsolete sections from the statutes. 

AUDITORS’ OPINION

            Our auditors state the Regional Office of Education #22’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 Ginoli & Company, LTD.