REPORT DIGEST

REGIONAL OFFICE OF EDUCATION # 10
CHRISTIAN AND MONTGOMERY COUNTIES

FINANCIAL AUDIT

For the Year Ended:
June 30, 2002

Summary of Findings:

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

Release Date:
January 23, 2003

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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

Our report covers the financial audit for the period ending June 30, 2002.

 

AUDITORS’ OPINION

Our auditors state the Regional Office of Education #10’s financial statements as of June 30, 2002 are fairly presented in all material respects.

 

 

_____________________________________

WILLIAM G. HOLLAND, Auditor General

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SPECIAL ASSISTANT AUDITORS

Our special assistant auditors were West & Company, LLC.

 

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


REGIONAL OFFICE OF EDUCATION # 10
CHRISTIAN AND MONTGOMERY COUNTIES
FINANCIAL AUDIT
For The Year Ended June 30, 2002

FY 2002

FY 2001
TOTAL REVENUES

1,2$1,355,163

$909,662

Local sources

2$125,764

$46,158

% of Total Revenues

9.28%

5.07%

State Sources

1$1,025,872

$737,516

% of Total Revenues

75.70%

81.08%

Federal Sources

$203,527

$125,988

% of Total Revenues

15.02%

13.85%
TOTAL EXPENDITURES

1,2$1,338,184

$893,614

Salaries and Benefits

1,2$927,629

$553,444

% of Total Expenditures

69.32%

61.93%

Purchased Services

$130,476

$93,770

% of Total Expenditures

9.75%

10.49%

All Other Expenditures

$280,079

$246,400

% of Total Expenditures

20.93%

27.57%
COST OF PROPERTY AND EQUIPMENT

$176,371

$ 163,387

Note: Fiscal Year 2001 data was obtained from audits of ROEs conducted under the direction of the Illinois State Board of Education.
1Fiscal Year 2002 amounts include on-behalf payments ($166,026). These on-behalf payments were not included in Fiscal Year 2001.
2 Fiscal Year 2002 amounts include local on-behalf payments ($83,393). The local on-behalf payments were not included in Fiscal Year 2001.
*Percentages may not add due to rounding.
REGIONAL SUPERINTENDENT
During Audit Period: Honorable Greg Springer
Currently: Honorable Greg Springer