REPORT DIGEST

REGIONAL OFFICE OF EDUCATION # 45

MONROE AND RANDOLPH COUNTIES

FINANCIAL AUDIT
(In accordance with the Single Audit Act and OMB Circular A-133)

For the Year Ended:
June 30, 2002

Summary of Findings:

Total this audit 1
Total last audit 1
Repeated from last audit 0

Release Date:
February 6, 2003

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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

  

 

 

 

 

 

 

 

 

 

SYNOPSIS

 

 
  • An internal service fund for technology support was created during 2002 by charging fees to various funds and programs. However, only a small amount of expense was incurred by the technology fund during the year.

 

 

 

 

 

 

 

{Expenditures and Activity Measures are summarized on the reverse page.}

REGIONAL OFFICE OF EDUCATION # 45
MONROE AND RANDOLPH COUNTIES
FINANCIAL AUDIT
For The Year Ended June 30, 2002

FY 2002

FY 2001
TOTAL REVENUES

1$2,218,122

$1,809,127

Local sources

$157,309

$368,375

% of Total Revenues

7.09%

20.36%

State Sources

1$1,444,974

$1,155,306

% of Total Revenues

65.14%

63.86%

Federal Sources

$615,839

$285,446

% of Total Revenues

27.76%

15.78%
TOTAL EXPENDITURES

1$2,106,941

$1,738,840

Salaries and Benefits

1$1,376,015

$1,143,066

% of Total Expenditures

65.31%

65.74%

Purchased Services

$378,848

$294,499

% of Total Expenditures

17.98%

16.94%

All Other Expenditures

$352,078

$301,275

% of Total Expenditures

16.71%

17.33%
COST OF PROPERTY AND EQUIPMENT

$480,084

$ 389,226

Note: Fiscal Year 2001 data was obtained from audits of ROEs conducted under the direction of the Illinois State Board of Education.
1Fiscal Year 2002 amounts include on-behalf payments ($166,062). These on-behalf payments were not included in Fiscal Year 2001.
* Percentages may not add due to rounding.
REGIONAL SUPERINTENDENT
During Audit Period: Honorable Faye Hughes
Currently: Honorable Faye Hughes
 

 

 

 

 

 

 

An internal service fund for technology support was created during 2002 by charging fees to various funds and programs. However, only a small amount of expense was incurred by the technology fund during the year.

 

 

 

 

FINDINGS, CONCLUSIONS AND RECOMMENDATIONS

FUNDS AND PROGRAMS BEING CHARGED A TECHNOLOGY FEE WITHOUT ANY COSTS BEING INCURRED

An internal service fund for technology support was created during 2002 by charging fees to various funds and programs. However, only a small amount of expense was incurred by the technology fund during the year. As a result, expenditure reports claimed expenses that were not incurred.

Funds and programs should not be charged a technology fee if no technology costs were incurred. (Finding 02-1, page 12)

The Regional Office of Education # 45’s personnel accepted the auditor’s recommendation to not make transfers into the technology fund until expenditures are incurred. Beginning immediately, the Regional Office of Education # 45 will be charging all costs incurred to the technology fund and will allocate these costs to programs in accordance with a properly supported cost allocation plan.

AUDITORS’ OPINION

Our auditors state the Regional Office of Education # 45’s financial statements as of June 30, 2002 are fairly presented in all material respects.

 

_____________________________________

WILLIAM G. HOLLAND, Auditor General

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SPECIAL ASSISTANT AUDITORS

Our special assistant auditors were Kemper CPA Group LLC.