REPORT DIGEST

 

 

METROPOLITAN PIER AND EXPOSITION AUTHORITY

 

SPECIAL LIMITED SCOPE COMPLIANCE EXAMINATION

For the Two Years Ended:

June 30, 2007

 

 

 

Summary of Findings:

Total this engagement†††††††††††††††0

Total last engagement†††††††††††††††0

Repeated from last report†††††††† 0

 

Release Date:

May 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

 

††††† 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 $133,045,736 in Fiscal Year 2006 and $138,369,595 in Fiscal Year 2007.Our special compliance testing was limited to these State appropriations and related payments.

 

†††††

FINDINGS, CONCLUSIONS, AND RECOMMENDATIONS

 

††††† There were no findings of noncompliance for this engagement.

 

 

AUDITORSí OPINION

 

††††† We conducted a special limited scope compliance examination of appropriations made by the General Assembly to the Authority and related expenditures as authorized by the Illinois State Auditing Act.

 

 

 

____________________________________

WILLIAM G. HOLLAND, Auditor General

 

WGH:LW:pp

 

AUDITORS ASSIGNED

 

††††† The examination was conducted by staff of the Office of the Auditor General.