REPORT DIGEST
SOUTHERN ILLINOIS UNIVERSITY FOUNDATION AT CARBONDALE
EVERGREEN TERRACE FAMILY HOUSING HUD PROJECT AUDIT
For the Year Ended:
June 30, 2002
Summary of Findings
Total this audit 1
Total last audit 0
Repeated from last audit 0
Release Date:
February 27, 2003
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
This digest covers our financial audit of the Evergreen Terrace Family Housing HUD project for the year ended June 30, 2002. A financial audit covering the Carbondale Foundation as a whole is being issued under separate cover. A compliance audit covering the two years ended June 30, 2003 will be issued at a later date.
Our audit contains one procedural finding identifying the implementation of a policy without first seeking approval from the U.S. Department of Housing and Urban Development (HUD). The Foundation stated that approval from HUD would be requested. (Finding 02-01, page 35)
AUDITORS’ OPINION
Our auditors stated the June 30, 2002 financial statements of the Evergreen Terrace Family Housing HUD project are fairly presented.
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WILLIAM G. HOLLAND, Auditor General
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SPECIAL ASSISTANT AUDITORS
Kerber, Eck & Braeckel LLP were our special assistant auditors for this audit.