REPORT DIGEST

REGIONAL OFFICE OF EDUCATION #28

BUREAU/HENRY/STARK 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                         1

Repeated from last audit           1

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 and Full Report  are also available on

the worldwide web at

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

SYNOPSIS

·        The Regional Office of Education #28 did not comply with certain statutory administrative requirements.

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

FY 2005

FY 2004

TOTAL REVENUES

$2,201,749

$2,275,425

Local Sources

$522,397

$554,360

% of Total Revenues

23.73%

24.36%

State Sources

$902,408

$539,403

% of Total Revenues

40.99%

23.71%

Federal Sources

$776,944

$1,181,662

% of Total Revenues

35.29%

51.93%

TOTAL EXPENDITURES

$2,203,190

$2,244,123

Salaries and Benefits

$542,638

$563,829

% of Total Expenditures

24.63%

25.12%

Purchased Services

$210,467

$221,242

% of Total Expenditures

9.55%

9.86%

All Other Expenditures

$1,450,085

$1,459,052

% of Total Expenditures

65.82%

65.02%

TOTAL NET ASSETS

$331,841

$333,282

INVESTMENT IN CAPITAL ASSETS

$132,222

$104,429

          Percentages may not add due to rounding.

REGIONAL SUPERINTENDENT 

During Audit Period:  Honorable Bruce Dennison

Currently:  Honorable Bruce Dennison

The Regional Office of Education #28 did not comply with certain statutory administrative requirements.

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.

     The Illinois School Code (105 ILCS 5/3-6) also requires the Regional Superintendent to report, in writing, to the county board on or before January 1 of each year, stating:  (1) the balance on hand at the time of the last report, and all receipts since that date, with the sources from which they were derived; (2) the amount distributed to each of the school treasurers in his or her county; and (3) any balance on hand.  The Regional Superintendent is also required to submit, in writing, to the county board a statement of the condition of the Institute Fund and of any other funds in his or her care, custody, or control.  The Regional Office did not submit all of the required information to the county by the January 1, 2005 deadline.  The Regional Office noted they believed that the information they submitted satisfied the mandate. (Finding 05-1, pages 15-16)

     The Regional Office accepted the recommendation to comply with the statutory requirement (105 ILCS 5/3-14.11), responding that it will seek a legislative solution to this and other obsolete passages.  The Regional Office also responded that it intends to submit all the required reports in order to comply with 105 ILCS 5/3-6.

AUDITORS’ OPINION

      Our auditors state the Regional Office of Education #28’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.