REPORT DIGEST REGIONAL OFFICE OF EDUCATION #2
ALEXANDER/JOHNSON/ MASSAC/PULASKI/ UNION COUNTIES
FINANCIAL AND COMPLIANCE AUDIT (In accordance with the Single Audit Act and For the Year Ended: June 30, 2003
Summary of Findings:
Total this audit 0 Total last audit 0 Repeated from last audit 0
Release Date: January 28, 2004
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 TDD (217) 524-4646
This Report Digest is also available on the worldwide web at http://www.state.il.us/auditor |
INTRODUCTION Our report covers the financial and compliance audit, in accordance with the Single Audit Act and OMB Circular A-133, for the period ending June 30, 2003. AUDITORS’ OPINION Our auditors state the Regional Office of Education #2’s financial statements as of June 30, 2003 are fairly presented in all material respects.
___________________________________ WILLIAM G. HOLLAND, Auditor General WGH:JRB:ro
SPECIAL ASSISTANT AUDITORS Our special assistant auditors were Kemper CPA Group, LLP.
{Expenditures and Revenues are summarized on the reverse page.} |
REGIONAL OFFICE OF EDUCATION #2
ALEXANDER/JOHNSON/MASSAC/PULASKI/UNION COUNTIES
FINANCIAL AND COMPLIANCE AUDIT
In Accordance with the Single Audit Act and OMB Circular A-133
For The Year Ended June 30, 2003
FY 2003 |
FY 2002 |
|
TOTAL REVENUES |
$4,118,708 |
$4,238,103 |
Local sources |
$55,071 |
$191,190 |
% of Total Revenues |
1.34% |
4.51% |
State Sources |
$1,856,938 |
$2,340,026 |
% of Total Revenues |
45.09% |
55.21% |
Federal Sources |
$2,206,699 |
$1,706,887 |
% of Total Revenues |
53.58% |
40.27% |
|
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TOTAL EXPENDITURES |
$4,187,999 |
$4,255,269 |
Salaries and Benefits |
$2,169,553 |
$2,000,182 |
% of Total Expenditures |
51.80% |
47.00% |
Purchased Services |
$1,224,346 |
$1,292,871 |
% of Total Expenditures |
29.23% |
30.38% |
All Other Expenditures |
$794,100 |
$962,216 |
% of Total Expenditures |
18.96% |
22.61% |
|
|
|
COST OF PROPERTY AND EQUIPMENT |
$956,197 |
$923,494 |
* Percentages may not add due to rounding. |
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REGIONAL SUPERINTENDENT |
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During Audit Period: Honorable Andrea Brown Currently: Honorable Dan Anderson |