|
REPORT DIGEST NORTH
COOK FINANCIAL AUDIT (In Accordance with the
Single Audit Act
and OMB Circular A-133) For the Year Ended: June 30, 2009 Summary of Findings: Total this audit 0 Total last audit 1 Repeated from last audit 0 Release Date: February 4, 2010
State of Office of the Auditor General WILLIAM G. HOLLAND AUDITOR GENERAL
To obtain a copy of the
Report contact: Office of the Auditor
General (217) 82-6046 or TTY (888)
261-2887 This Report Digest and Full
Report are also available on the worldwide web at |
|
INTRODUCTION Our report covers the financial audit, in accordance with the Single Audit Act and OMB Circular A-133, for the period ending June 30, 2009. AUDITORS’ OPINION Our
auditors state the _____________________________________ WILLIAM G. HOLLAND,
Auditor General WGH:KJM SPECIAL ASSISTANT AUDITORS Our
special assistant auditors were Bass, Solomon, & Dowell, LLP. {Expenditures and Revenues are summarized on the reverse page.} |
FINANCIAL AUDIT
(In Accordance with
Single Audit Act and OMB Circular A-133)
For The Year Ended June
30, 2009
|
|
FY 2009
|
FY 2008
|
TOTAL REVENUES |
$5,350,777 |
$5,576,399 |
|
Local Sources |
$2,195,317 |
$2,183,152 |
|
% of Total Revenues |
41.03% |
39.15% |
|
State Sources |
$2,393,109 |
$2,404,230 |
|
% of Total Revenues |
44.72% |
43.11% |
|
Federal Sources |
$762,351 |
$989,017 |
|
% of Total Revenues |
14.25% |
17.74% |
|
|
||
|
TOTAL EXPENDITURES |
$5,282,794 |
$5,558,154 |
|
Salaries and Benefits |
$3,224,669 |
$3,001,743 |
|
% of Total Expenditures |
61.04% |
54.01% |
|
Purchased Services |
$1,619,211 |
$1,948,471 |
|
% of Total Expenditures |
30.65% |
35.06% |
|
All Other Expenditures |
$438,914 |
$607,940 |
|
% of Total Expenditures |
8.31% |
10.94% |
|
|
||
TOTAL NET ASSETS
|
$2,696,601 |
$2,628,618 |
|
|
||
|
INVESTMENT IN
CAPITAL ASSETS |
$199,563 |
$197,387 |
|
Percentages
may not add due to rounding. |
||
|
EXECUTIVE DIRECTOR |
|
During Audit Period: Mr. Robert Ingraffia Currently: Mr. Robert Ingraffia |