REPORT DIGEST

 

CHICAGO TECHNOLOGY PARK CORPORATION

 

PROGRAM-SPECIFIC
AUDIT

 

For the Year Ended:

June 30, 2007

(In Accordance with
OMB Circular A-133)

 

Summary of Findings:

 

Total this audit†††††††††††††     2

Total last audit†††††††††††     2

Repeated from last audit   1

 

Release Date:

November 20, 2008

 

 

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 a Full Report

are available on

the worldwide web at

http://www.auditor.illinois.gov

 

 

 

 

 

 

SYNOPSIS

 

 

 

        Financial Status Reports were inaccurate and not filed timely.

 

        Files did not include proof of U.S. Citizenship or Permanent Residence status for all grant program students.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

One status report filed with the US Department of Labor did not reconcile with the Corporationís accounting records by a total amount of $31,689

 

 

 

 

 

 

 

 

 

 

 

 

 


Four of 30 student files did not include proof of U.S Citizenship or Permanent Residence status as required by the grant agreement

 

 

FINDINGS AND QUESTIONED COSTS

FOR FEDERAL AWARDS

 

 

 

WIA PILOTS, DEMONSTRATIONS AND RESEARCH PROJECTS (BiTmaP)

 

††††††† This is a training program that certifies information technology (IT) professionals in the field of bioinformatics.BiTmaP is sponsored by a $3 million grant awarded to the Chicago Technology Park by the U.S. Department of Labor.The grant supports a partnership with the Corporation and the University of Illinois at Chicago to create and manage an online training curriculum at the interface of information technology and the life sciences.The ultimate goal of BiTmaP is to partner with local and regional businesses, learning institutions, industrial organizations, and workforce development agencies to place BiTmaP students in successful careers in bioinformatics.Total expenditures in FY 07 were $618,063.

 

 

FINANCIAL STATUS REPORTS INACCURATE AND NOT FILED TIMELY

 

††††††† The Chicago Technology Park Corporation filed an inaccurate Financial Status Report with the U.S. Department of Labor.A total amount of $31,689 did not reconcile with the Corporationís accounting records.In addition, the Corporation filed one of its quarterly Financial Status Reports 48 days late. (Finding 1, page 9)

 

We recommended the Corporation improve procedures to ensure that accurate Financial Status Reports are filed timely and that the Corporation correct the inaccurate

report.Corporation officials agreed with our recommendation and stated they will ensure the report will be corrected and re-filed.

 

PROOF OF U.S. CITIZENSHIP OR PERMANENT RESIDENCE STATUS NOT MAINTAINED

 

The Chicago Technology Park Corporation did not maintain proof of U.S. Citizenship or Permanent Residence status for grant program students.

 

We noted that 4 of 30 student files did not include proof of U.S. Citizenship or Permanent Residence status.The grant agreement requires that Program applicants must be U.S. citizens or permanent residents. (Finding 2, page

10)

 

††††† We recommended the Corporation obtain and maintain adequate program documentation, including proof of U.S Citizenship or Permanent Residence status.Corporation officials agreed with our recommendation and stated that a procedure was instituted to ensure required documentation was obtained for its files.

 

AUDITORSí OPINION

 

††††††† Our auditors stated that the schedule of federal awards presents fairly, in all material respects, the expenditures of federal awards under the BiTmaP Program in conformity with accounting principles generally accepted in the United States of America.

 

 

 

___________________________________

†††††††††† WILLIAM G. HOLLAND, Auditor General

 

WGH:KMC:drh

 

SPECIAL ASSISTANT AUDITORS

 

††††† Our special assistant auditors on this audit were E.C. Ortiz & Co., LLP.