REPORT DIGEST

REGIONAL OFFICE OF EDUCATION # 53
TAZEWELL COUNTY
FINANCIAL AUDIT

For the Year Ended:
June 30, 2002

Summary of Findings:

Total this audit 0
Total last audit 0
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

  

 

 

INTRODUCTION

Our report covers the financial audit for the period ending June 30, 2002.

AUDITORS’ OPINION

Our auditors state the Regional Office of Education #53’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

Ginoli & Company LTD were our special assistant auditors on this audit.

 

 

 

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

 

 

 

REGIONAL OFFICE OF EDUCATION # 53
TAZEWELL COUNTY
FINANCIAL AUDIT
For the Year Ended June 30, 2002

FY 2002

FY 2001
TOTAL REVENUES

1$1,065,596

$1,157,798

Local sources

$143,421

$125,810

% of Total Revenues

13.46%

10.87%

State Sources

1$912,280

$915,056

% of Total Revenues

85.61%

79.03%

Federal Sources

$9,895

$116,932

% of Total Revenues

.93%

10.10%
TOTAL EXPENDITURES

1$981,921

$1,118,056

Salaries and Benefits

1$588,359

$432,497

% of Total Expenditures

59.92%

38.68%

Purchased Services

$275,869

$375,255

% of Total Expenditures

28.09%

33.56%

All Other Expenditures

$117,693

$310,304

% of Total Expenditures

11.99%

27.75%
COST OF PROPERTY AND EQUIPMENT

$308,597

$ 291,003

Note: Fiscal Year 2001 data was obtained from audits of ROEs conducted under the direction of the Illinois State Board of Education.
1Fiscal Year 2002 amounts include on-behalf payments ($172,293). These on-behalf payments were not included in Fiscal Year 2001.
* Percentages may not add due to rounding.
REGIONAL SUPERINTENDENT
During Audit Period: Honorable Thomas Wojtas
Currently: Honorable Thomas Wojtas