REPORT DIGEST

REGIONAL OFFICE OF EDUCATION #20

 

EDWARDS/GALLATIN/ HARDIN/POPE/SALINE/ WABASH/WAYNE/WHITE COUNTIES

 

FINANCIAL AND COMPLIANCE AUDIT

(In Accordance with the Single Audit Act and OMB Circular A-133)

 

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:

February 18, 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.

 

AUDITORSí OPINION

Our auditors state the Regional Office of Education #20ís financial statements as of June 30, 2003 are fairly presented in all material respects.

 

 

___________________________________

WILLIAM G. HOLLAND, Auditor General

WGH:JRB

 

SPECIAL ASSISTANT AUDITORS

Our special assistant auditors were West & Company, LLC.

 

 

 

 

 

{Expenditures and Revenues are summarized on the reverse page.}

 

                                 REGIONAL OFFICE OF EDUCATION # 20

EDWARDS/GALLATIN/HARDIN/POPE/SALINE/WABASH/WAYNE/WHITE 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

$2,720,993

$2,958,913

Local sources

$500,061

$440,472

% of Total Revenues

18.38%

14.89%

State Sources

$1,043,980

$1,503,384

% of Total Revenues

38.37%

50.81%

Federal Sources

$1,176,952

$1,015,057

% of Total Revenues

43.25%

34.30%

 

TOTAL EXPENDITURES

$2,712,804

$2,928,973

Salaries and Benefits

$1,663,439

$1,801,987

% of Total Expenditures

61.32%

61.52%

Purchased Services

$793,041

$607,518

% of Total Expenditures

29.23%

20.74%

All Other Expenditures

$256,324

$519,468

% of Total Expenditures

9.45%

17.74%

 

 

 

COST OF PROPERTY AND EQUIPMENT

$419,880

$423,757

 

* Percentages may not add due to rounding.

REGIONAL SUPERINTENDENT

During Audit Period: Honorable Linda Blackman

Currently: Honorable Linda Blackman