REPORT DIGEST

DEPARTMENT OF TRANSPORTATION

FINANCIAL AUDIT

For the Year Ended:

June 30, 2001

 

Release Date:
March 12, 2002

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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

  

INTRODUCTION

This report covers our financial audit of the Department of Transportation for the fiscal year ended June 30, 2001. A compliance audit for the two years ended June 30, 2002 will be conducted next year.

 

AUDITORS' OPINION

Our auditors state the financial statements of the Department of Transportation as of June 30, 2001 and for the year then ended are fairly presented in all material respects.

 

 

___________________________________

WILLIAM G. HOLLAND, Auditor General

WGH:SES:pp

SPECIAL ASSISTANT AUDITORS

KPMG LLP were our special assistant auditors for this audit.

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

 

 

 

DEPARTMENT OF TRANSPORTATION
FINANCIAL AUDIT
For The Year Ended June 30, 2001

FINANCIAL OPERATIONS (All Funds) Expressed in Thousands

FY 2001

FY 2000

REVENUES
Federal government
Licenses and fees
Other
TOTAL
EXPENDITURES
Current:
Transportation
Debt Service
Principal
Interest
Capital Outlays
TOTAL

OTHER SOURCES (USES) OF FINANCIAL RESOURCES
Appropriations of State resources
Receipts deposited with State Treasurer
Transfers-in
Transfers-out (including component units)
Proceeds from installment purchase obligations
Proceeds from intergovernmental financing agreement
TOTAL


$1,038,971
14,187
71,758
$1,124,916


$3,584,614
19,936
3,812
36,278
$3,644,640

 


$3,311,227
(917,748)
820,900
(644,741)
20,841
24,858
$2,615,337
$990,811
14,670
69,148
$1,074,629


$3,284,443
1,616
1,487
43,789
$3,331,335

 


$2,979,471
(872,971)
927,350
(754,016)
34,271
-
$2,314,105
SELECTED BALANCE SHEET ACCOUNTS (All Funds)

FY 2001

FY 2000

Intergovernmental receivables
Loans receivable, net
Other receivables, net
Property, plant and equipment
Accounts payable and accrued liabilities
Intergovernmental payables
Deferred revenues
Accrued vacation and sick pay
Other obligations
Departmental fund balance (deficit):
Reserved for encumbrances
Unreserved, undesignated (deficit)

$126,224
61,696
2,519
541,502
238,115
206,218
22,696
64,880
64,254

2,192,726
(1,976,390)		 $96,230
59,898
3,464
525,404
184,667
165,365
4,801
65,692
38,491

1,722,342
(1,538,051)
AGENCY SECRETARY(S)

During Audit Period: Mr. Kirk Brown
Currently: Mr. Kirk Brown