REPORT DIGEST

 

ILLINOIS BOARD OF HIGHER EDUCATION

 

COMPLIANCE EXAMINATION

 

For the Two Years Ended:

June 30, 2007

 

Summary of Findings:

Total this audit       0

Total last audit      2

Repeated from last audit     0

 

 

Release Date:

April 1, 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 Full Report
are also available on

the worldwide web at

http://www.auditor.illinois.gov

 

 

 

 

 

INTRODUCTION

 

There were no material findings of noncompliance disclosed during our examination tests.

 

 

 

 

AUDITORS' OPINION

 

We conducted a compliance examination of the Illinois Board of Higher Education as required by the Illinois State Auditing Act. We have not audited any financial statements of the Board for the purpose of expressing an opinion, because the agency does not, nor is it required to, prepare financial statements.

 

 

 

 

____________________________________

WILLIAM G. HOLLAND, Auditor General

 

WGH:CML:pp

 

 

AUDITORS ASSIGNED

 

This examination was performed by the staff of the Office of the Auditor General.

 

 

 

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

 


 

 

 

ILLINOIS BOARD OF HIGHER EDUCATION

COMPLIANCE EXAMINATION

For The Two Years Ended June 30, 2007

 

EXPENDITURE STATISTICS

FY 2007

FY 2006

FY 2005

         Total Expenditures (All Funds)......................

$45,566,109

$44,525,472

 

$42,219,103

OPERATIONS TOTAL.................................

% of Total Expenditures..............................

$3,093,261

7%

$2,760,139

6%

$2,636,529

6%

Personal Services.........................................

            % of Operations Expenditures...................

Average No. of Employees.......................

$1,963,591

64%

31

$2,143,020

77%

33

$2,033,191

77%

33

Other Payroll Costs (FICA, Retirement).........

% of Operations Expenditures...................

$26,118

1%

$27,020

1%

$26,272

1%

Contractual Services.....................................

% of Operations Expenditures..................

$537,318

17%

$458,798

17%

$472,144

18%

All Other Operations Items...........................

% of Operations Expenditures..................

 

$566,234

18%

$131,301

5%

$104,922

4%

GRANTS TOTAL.......................................

% of Total Expenditures...........................

 

Total State-Funded Grants.........................

% of Total Grants.......................................

Total Federally-Funded Grants..................

% of Total Grants.........................................

$42,472,848

93%

 

$40,175,943

95%

 

$2,296,905

5%

 

$41,765,333

94%

 

$38,180,740

91%

 

$3,584,593

9%

 

$39,582,574

94%

 

$37,746,758

95%

 

$1,835,816

5%

 

         Cost of Property and Equipment...................

 

$519,201

$585,244

$583,932

CASH RECEIPTS

FY 2007

FY 2006

FY 2005

         General Revenue Fund -001....................................

         Education Assistance Fund 007..

         Tobacco Settlement Recovery Fund - 733............

         BHE State Projects Fund - 736...........................

         Build Illinois Bond Fund 971.

         Federal Grants Fund - 983......................................

Total...................................................................

 

$1,608,292

0

0

0

0

2,326,202

$3,934,494

$330,944

0

0

0

2,731

3,248,452

$3,582,127

$404,351

5,102

68

1,820,582

0

4,203,612

$6,433,715

EXECUTIVE DIRECTOR

During Period: Mr. Thomas R. Lamont, Acting (7/1/05 11/11/05), Ms. Judy Erwin (11/12/05 - 6/30/07)

Currently: Ms. Judy Erwin