REPORT DIGEST

 

METROPOLITAN PIER AND EXPOSITION AUTHORITY

 

SPECIAL LIMITED SCOPE COMPLIANCE EXAMINATION

For the Two Years Ended: June 30, 2009

 

Summary of Findings:

Total this audit:0

Total last audit:0

Repeated from last audit:0

 

Release Date: May 18, 2010

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 $155,891,610 in Fiscal Year 2008 and $161,721,545 in Fiscal Year 2009.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:HJY:pp

 

AUDITORS ASSIGNED

 

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