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REPORT DIGEST REGIONAL OFFICE OF EDUCATION #54
FINANCIAL AUDIT For the Year Ended: June 30, 2007 Summary of Findings: Total this audit 1 Total last audit 1 Repeated from last audit 1 Release Date: March 4, 2008
State of Office of the Auditor General WILLIAM G. HOLLAND AUDITOR GENERAL
To obtain a copy of the
Report contact: Office of the Auditor
General
(217) 782-6046 or TTY (888)
261-2887 This Report Digest and Full
Report is also available on the worldwide web at http://www.auditor.illinois.gov |
SYNOPSIS
{Expenditures and
Revenues are summarized on the reverse page.} |
REGIONAL OFFICE OF EDUCATION
# 54
FINANCIAL AUDIT
For The Year Ended June
30, 2007
|
|
FY 2007 |
FY 2006 |
TOTAL REVENUES |
$606,071 |
$548,426 |
|
Local Sources |
$141,218 |
$141,993 |
|
% of Total Revenues |
23.30% |
25.89% |
|
State Sources |
$440,322 |
$384,305 |
|
% of Total Revenues |
72.65% |
70.07% |
|
Federal Sources |
$24,531 |
$22,128 |
|
% of Total Revenues |
4.05% |
4.03% |
|
|
||
|
TOTAL EXPENDITURES |
$622,095 |
$536,941 |
|
Salaries and Benefits |
$270,138 |
$205,690 |
|
% of Total Expenditures |
43.42% |
38.31% |
|
Purchased Services |
$57,180 |
$64,731 |
|
% of Total Expenditures |
9.19% |
12.06% |
|
All Other Expenditures |
$294,777 |
$266,520 |
|
% of Total Expenditures |
47.38% |
49.64% |
|
|
|
|
|
TOTAL NET ASSETS |
$122,454 |
$138,478 |
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|
|
|
|
INVESTMENT IN
CAPITAL ASSETS |
$0 |
$0 |
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Percentages may not add due to rounding. |
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REGIONAL
SUPERINTENDENT |
|
During Audit Period: Honorable Michael Metzen Currently: Honorable Michael Metzen |
|
As required by the
School Code, the Regional Office of Education #54 presented reports to the
county board of the acts of the Superintendent, including a list of all the
schools visited. However,
the reports did not include the dates of visitation as required |
FINDINGS, CONCLUSIONS AND RECOMMENDATIONSCONTROLS
OVER COMPLIANCE WITH LAWS AND REGULATIONS
The Illinois School Code (105 ILCS
5/3-5) requires the Regional Superintendent to present under oath or
affirmation to the county board at its meeting in September and as nearly
quarterly thereafter as it may have regular or special meetings, a report of
all his acts as county superintendent, including a list of all the schools
visited with the dates of visitation.
This mandate has existed in its current form since at least 1953. The Regional Office did present at
the September county board meeting, and as nearly quarterly thereafter, reports of his acts including a list of all
the schools visited. However, the
reports did not include the dates of visitation. The Regional Superintendent noted that, due
to an oversight, the reports did not include the dates of visitation. (Finding 07-1, pages 11-12) The auditors recommended that the
Regional Superintendent should attend the county board meetings in September
and quarterly thereafter, and present reports of all his acts including a
list of all schools visited and dates of visitation as required by 105 ILCS
5/3-5. The Regional Superintendent was not aware that specific dates were required in the annual report of official acts to the county board required by 105 ILCS 5/3-5. The Regional Superintendent noted that in the annual report given to the county board for September 2007, the actual dates of visitation were listed by building as required by the School Code, which should correct the finding on a going forward basis. AUDITORS’ OPINION Our auditors state the Regional Office of Education #54’s financial statements as of June 30, 2007 are fairly presented in all material respects. _____________________________________ WILLIAM
G. HOLLAND, Auditor General WGH:KJM SPECIAL ASSISTANT AUDITORS Our special assistant
auditors were West & Company, LLC. |