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REPORT DIGEST
PRAIRIELAND ENERGY, INC.
FINANCIAL AUDIT
For the Year Ended:
June 30, 2006 Release Date:
January 18, 2007
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 http://www.state.il.us/auditor |
INTRODUCTION Prairieland Energy, Inc. is an Illinois corporation with offices located in Champaign, Illinois. This Corporation was formed by and is a component unit of the University of Illinois, a body corporate and politic of the State of Illinois. The Corporation was formed November 19, 1996 for the purpose of producing, acquiring, and selling various forms of energy, including electricity, at both wholesale and retail prices. Our report covers the financial audit for the period ending June 30, 2006. A compliance examination covering the two years ended June 30, 2006 is being issued separately. AUDITORS’ OPINION Our auditors stated the Corporation’s June 30, 2006 financial statements are fairly presented in all material respects. ____________________________________ WILLIAM G. HOLLAND, Auditor General WGH:TLK:pp SPECIAL ASSISTANT AUDITORS Our special assistant auditors were Clifton Gunderson LLP. |
