REPORT DIGEST

PRAIRIE STATE 2000 AUTHORITY

FINANCIAL AUDIT

For the One Year Ended:
June 30, 2001

COMPLIANCE AUDIT

For the Two Years Ended:
June 30, 2001

Summary of Findings:

Total this audit 0
Total last audit 1
Repeated from last audit 0

Release Date:
June 26, 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

There were no material findings of noncompliance disclosed by our audit tests. We commend the Authority for its efforts in maintaining an effective system of internal controls.

AUDITORS’ OPINION

Our auditors state the financial statements of the Prairie State 2000 Authority as of June 30, 2001, and for the year then ended are fairly stated in all material respects.

 

 

 

___________________________________

WILLIAM G. HOLLAND, Auditor General

WGH:ROQ:ak

 

SPECIAL ASSISTANT AUDITORS

Our special assistant auditors were Williams & Williams, LLP.

 

 

 

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

 

PRAIRIE STATE 2000 AUTHORITY
FINANCIAL AUDIT FOR THE YEAR ENDED JUNE 30, 2001
COMPLIANCE AUDIT FOR THE TWO YEARS ENDED June 30, 2001
EXPENDITURE STATISTICS

FY 2001

FY 2000

FY 1999
Total Expenditures (All Funds)

OPERATIONS TOTAL
% of Total Expenditures
Personal Services
% of Operations Expenditures
Average No. of Employees
Other Payroll Cost (FICA, Retirement)
% of Operations Expenditures
Contractual Services
% of Operations Expenditures
All Other Operations Items
% of Operations Expenditures

GRANTS TOTAL
% of Total Expenditures
Cost of Property and Equipment

$3,617,150

$547,634
15.1%
$285,101
52.1%
6
$62,273
11.3%
$165,199
30.2%
$35,061
6.4%

$3,069,516
84.9%
$103,958

$3,463,342

$553,007
16.0%
$277,227
50.1%
6
$57,666
10.4%
$167,943
30.4%
$50,171
9.1%

$2,910,335
84.0%
$104,713

$2,596,485

$560,956
21.6%
$276,575
49.3%
6
$57,338
10.2%
$185,457
33.1%
$41,586
7.4%

$2,035,529
78.4%
$106,278
SELECTED ACTIVITY MEASURES

FY 2001

FY 2000

FY 1999
  • Employer Training Assistance Awards
  • No. of Employees Trained
  • Individual Training Grants
  • No. of Individuals Trained

165
5,231
7,000
6,900

203
6,006
7,600
7,170

165
6,764
11,732
5,629
AGENCY DIRECTOR(S)
During Audit Period: Susan Vespa (7/1/99-3/16/01)
Cesar Lopez, Acting (3/16/01 to Present)
Currently: Cesar Lopez, Acting Chief Executive Officer