REPORT DIGEST

ILLINOIS STATE BOARD OF INVESTMENT

COMPLIANCE EXAMINATION
FOR THE YEAR ENDED JUNE 30, 2021

Release Date:  February 16, 2022

FINDINGS THIS AUDIT:  0
FINDINGS LAST AUDIT: 2

State of Illinois, Office of the
Auditor General
FRANK J. MAUTINO, 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
www.auditor.illinois.gov

INTRODUCTION

This digest covers our Compliance
Examination of the Illinois State
Board of Investment (Board) for the
year ended June 30, 2021.  A separate
Financial Audit as of and for the year
ending June 30, 2021 was previously
released on December 22, 2021.

There were no material findings of
noncompliance disclosed during our
examination.

AUDITOR’S OPINION

The auditors stated the financial
statements of the Board as of and for
the year ended June 30, 2021 are
fairly stated in all material
respects.

ACCOUNTANT’S OPINION

The accountants conducted a State
compliance examination of the Board
for the year ended June 30, 2021, as
required by the Illinois State
Auditing Act.  The accountants stated
the Board complied, in all material
respects, with the requirements
described in the report.

This State compliance examination was
conducted by KPMG LLP.

JANE CLARK
Division Director

This report is transmitted in
accordance with Section 3-14 of the
Illinois State Auditing Act.

FRANK J. MAUTINO
Auditor General

FJM:TLK