REPORT DIGEST SOUTHWESTERN ILLINOIS DEVELOPMENT AUTHORITY Special Limited Scope Compliance Examination For the Two Years Ended June 30, 2014 Release Date: February 19, 2015 FINDINGS THIS AUDIT: 0 FINDINGS LAST AUDIT: 1 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, 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 The Illinois General Assembly made appropriations to the Southwestern Illinois Development Authority (Authority) to replenish draws on the debt service reserve backing bonds issued on behalf of Waste Recovery – Illinois, Alton Center Business Park, Laclede Steel – Illinois, and Children’s Center for Behavioral Development. In accordance with the Illinois State Auditing Act (30 ILCS 5/3-1(a)), our special limited scope compliance examination was limited to these state appropriations and related payments. There were no material findings of noncompliance disclosed during our examination. AUDITORS' OPINION We conducted a special limited scope compliance examination of the Authority as required by the Illinois State Auditing Act. We have not audited any financial statements of the Authority for the purpose of expressing an opinion because the Authority does not, nor is it required to, prepare financial statements for the State of Illinois. WILLIAM G. HOLLAND Auditor General WGH:jv:mg AUDITORS ASSIGNED This examination was performed by the Office of the Auditor General’s staff.