REPORT DIGEST

PENSION LAWS
COMMISSION

COMPLIANCE AUDIT
For the Two Years Ended:
June 30, 1999

Summary of Findings:

Total this audit                2
Total last audit                0
Repeated from last audit 0

 

Release Date:
March 15, 2000


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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
  • The Pension Laws Commission did not maintain accurate property control records.




























{Financial Information is summarized on the reverse page.}









PENSION LAWS COMMISSION
COMPLIANCE AUDIT
For The Two Years Ended June 30, 1999
EXPENDITURE STATISTICS

FY 1999

FY 1998

FY 1997
Total Expenditures

OPERATIONS TOTAL
% of Total Expenditures

Personal Services
% of Operations Expenditures
Average No. of Employees
Average Salary per Employee

Other Payroll Costs
% of Operations Expenditures

Contractual Services
% of Operations Expenditures

All Other Operations Items
% of Operations Expenditures

$280,711

$280,711
100%

$162,689
57.96%
4
$40,672

$33,102
11.79%

$60,580
21.58%

$24,340
8.67%

$291,856

$291,856
100%

$114,294
39.16%
4
$28,574

$19,831
6.79%

$81,211
27.83%

$76,520
26.22%

$62,412

$62,412
100%

$0
0.00%
0
$0

$0
0.00%

$54,935
88.02%

$7,477
11.98%
Cost of Property and Equipment

$85,468

$69,751

$0

 
SELECTED ACTIVITY MEASURES
The Commission staff prepared Pension Impact Notes on 685 pieces of pension legislation during the current audit period, and on 240 pieces of legislation during the prior audit period.

 
EXECUTIVE DIRECTOR
During Audit Period: Ms. Patricia Stevens
Currently: Ms. Patricia Stevens














The Commission’s fixed asset records contained inaccurate information









FINDINGS, RECOMMENDATIONS AND AGENCY RESPONSES

INACCURATE REPORTING OF FIXED ASSETS

The Commission did not maintain accurate property control records. The Commission’s property control records contained inaccurate cost information for 41% of the inventory items, which resulted in an overstatement of equipment of $1,847. Additionally, four equipment items totaling $1,235 were not included on the Commission’s property control records. (Finding 1, page 8)

We recommended the Commission follow the applicable guidelines regarding the recording of equipment cost and that it maintain complete and up-to-date property records.

The Commission accepted our recommendation and has reviewed the requirements for recording all fixed assets.

OTHER FINDINGS

The remaining finding concerned procedural deficiencies and is being given attention by the Commission. We will review the Commission’s progress towards the implementation of our recommendations in our next audit.

Responses to the findings were provided by Ms. Patricia Stevens in a letter dated December 13, 1999.

AUDITORS’ OPINION

We conducted a compliance audit of the Pension Laws Commission as required by the Illinois State Auditing Act. The Commission has no locally held, federal or State trust funds. Consequently, there are no financial statements requiring a financial audit leading to an opinion.

____________________________________
WILLIAM G. HOLLAND, Auditor General

WGH:KAL:pp

SPECIAL ASSISTANT AUDITORS

The audit was conducted by the Auditor General’s staff.