METROPOLITAN PIER AND EXPOSITION AUTHORITY
SPECIAL LIMITED COMPLIANCE AUDIT TESTING OF STATE APPROPRIATIONS
For the Two Years Ended:
Summary of Findings:
Total this audit 0
State of Illinois
WILLIAM G. HOLLAND
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(217)782-6046 or TDD (217) 524-4646
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The Illinois General Assembly makes direct appropriations annually to the Metropolitan Pier and Exposition Authority (Authority) from the McCormick Place Expansion Project Fund and the Metropolitan Fair and Exposition Authority Improvement Bond Fund for debt service expenditures. Expenditures from these appropriations totaled $105,197,853 in Fiscal Year 2000 and $110,300,690 in Fiscal Year 2001. Our special compliance testing was limited to these State appropriations and related payments.
The General Assembly also appropriated $4,800,000 in Fiscal Years 2000 and 2001 to the Metropolitan Fair and Exposition Authority Reconstruction Fund for the Authoritys corporate purposes. The Office of the Auditor General has no authority to audit these appropriations under the Illinois State Auditing Act (30 ILCS 5/3-1(a)).
FINDINGS, CONCLUSIONS, AND RECOMMENDATIONS
There were no findings of noncompliance for this audit.
WILLIAM G. HOLLAND, Auditor General
The audit was conducted by staff of the Office of the Auditor General.