REPORT DIGEST REGIONAL OFFICE OF EDUCATION # 26 FINANCIAL AUDIT For the Year Ended: Summary of Findings: Total this audit 0 Release Date: State of Illinois Office of the Auditor General WILLIAM G. HOLLAND AUDITOR GENERAL To obtain a copy of the Report contact: |
INTRODUCTION Our report covers the financial audit for the period ending June 30, 2002.
AUDITORS OPINION Our auditors state the Regional Office of Education #26s financial statements as of June 30, 2002 are fairly presented in all material respects.
_____________________________________ WILLIAM G. HOLLAND, Auditor General WGH:JRB:vh
SPECIAL ASSISTANT AUDITORS Our special assistant auditors were Wade Stables P.C.
{Expenditures and Activity Measures are summarized on the reverse page.} |
REGIONAL OFFICE OF EDUCATION
# 26
HANCOCK AND MCDONOUGH COUNTIES
FINANCIAL AUDIT
For The Year Ended June 30, 2002
FY 2002 |
FY 2001 |
|
TOTAL REVENUES | 1 $2,439,207 |
$2,117,055 |
Local sources |
$550,909 |
$468,135 |
% of Total Revenues |
22.59% |
22.11% |
State Sources |
1 $1,699,846 |
$1,322,057 |
% of Total Revenues |
69.69% |
62.45% |
Federal Sources |
$188,452 |
$326,863 |
% of Total Revenues |
7.73% |
15.44% |
TOTAL EXPENDITURES | 1 $2,387,095 |
$2,132,452 |
Salaries and Benefits |
1 $1,416,091 |
$1,240,066 |
% of Total Expenditures |
59.32% |
58.15% |
Purchased Services |
$816,977 |
$725,722 |
% of Total Expenditures |
34.22% |
34.03% |
All Other Expenditures |
$154,027 |
$166,664 |
% of Total Expenditures |
6.45% |
7.82% |
COST OF PROPERTY AND EQUIPMENT | $149,905 |
$191,637 |
Note: Fiscal
Year 2001 data was obtained from audits of ROEs conducted under the direction of the
Illinois State Board of Education. |
REGIONAL SUPERINTENDENT |
During Audit Period: Honorable Robert Baumann Currently: Honorable Robert Baumann |