REPORT DIGEST

REGIONAL OFFICE OF EDUCATION # 41
MADISON COUNTY
FINANCIAL AUDIT

(In accordance with the Single Audit Act and OMB Circular A-133)

For the Year Ended:
June 30, 2002

Summary of Findings:

Total this audit 1
Total last audit 1
Repeated from last audit 0

Release Date:
January 23, 2003

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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
Attn: Records Manager
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

  

 

 

 

 

 

 

 

 

 

SYNOPSIS

 

 
  • The ROE’s expenditure report for its Operations Grant filed with the State differed by $788 from expenditure totals in the general ledger.

 

 

 

 

 

 

 

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

REGIONAL OFFICE OF EDUCATION # 41
MADISON COUNTY
FINANCIAL AUDIT
For the Year Ended June 30, 2002

FY 2002

FY 2001
TOTAL REVENUES

1$7,155,520

$7,052,688

Local sources

$1,551,039

$974,386

% of Total Revenues

21.68%

13.82%

State Sources

1$2,635,809

$2,962,749

% of Total Revenues

36.84%

42.01%

Federal Sources

$2,968,672

$3,115,553

% of Total Revenues

41.49%

44.18%
TOTAL EXPENDITURES

1$7,298,835

$6,202,691

Salaries and Benefits

1$2,696,759

$2,264,864

% of Total Expenditures

36.95%

36.51%

Purchased Services

$2,788,606

$2,130,350

% of Total Expenditures

38.21%

34.35%

All Other Expenditures

$1,813,470

$1,807,477

% of Total Expenditures

24.85%

29.14%
COST OF PROPERTY AND EQUIPMENT

$485,347

$ 421,877

Note: Fiscal Year 2001 data was obtained from audits of ROEs conducted under the direction of the Illinois State Board of Education.
1 Fiscal Year 2002 amounts include on-behalf payments ($173,513). On-behalf payments were not included in Fiscal Year 2001.
* Percentages may not add due to rounding.
REGIONAL SUPERINTENDENT
During Audit Period: Honorable Harry Briggs
Currently: Honorable Harry Briggs
 

 

 

 

 

The expenditure report for the ROE Operations Grant did not agree with the general ledger.

FINDINGS, CONCLUSIONS AND RECOMMENDATIONS

INACCURATE EXPENDITURE REPORT FILED

The Regional Office of Education #41 inaccurately filed with the State the expenditure report for the ROE Operations Grant for the period ending June 30, 2002.

The expenditure report for the ROE Operations Grant #02-3730-00 did not agree with the actual amounts expended as shown on the general ledger. The general ledger totals should agree or reconcile to the expenditure report totals on all grants. The total variance noted was $788 (Finding 02-1, page 9).

The Regional Office of Education #41’s personnel accepted the auditor’s recommendation to file a corrected expenditure report for the grant year ended June 30, 2002 and to require that all expenditure reports be prepared using the general ledger totals.

AUDITORS’ OPINION

Our auditors state the Regional Office of Education #41’s financial statements as of June 30, 2002 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.