REPORT DIGEST

REGIONAL OFFICE OF EDUCATION # 22
FULTON AND SCHUYLER COUNTIES

FINANCIAL AUDIT

For the Year Ended:
June 30, 2002

Summary of Findings:

Total this audit 0
Total last audit 0
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 #22’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 Ginoli & Company, LTD.

 

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

 

REGIONAL OFFICE OF EDUCATION # 22
FULTON AND SCHUYLER COUNTIES
FINANCIAL AUDIT
For The Year Ended June 30, 2002

FY 2002

FY 2001
TOTAL REVENUES

1$732,299

$618,419

Local sources

$167,415

$204,397

% of Total Revenues

22.86%

33.05%

State Sources

1$526,711

$376,464

% of Total Revenues

71.93%

60.88%

Federal Sources

$38,173

$37,558

% of Total Revenues

5.21%

6.07%
TOTAL EXPENDITURES

1$673,737

$553,165

Salaries and Benefits

1$524,174

$341,337

% of Total Expenditures

77.80%

61.71%

Purchased Services

$109,095

$147,488

% of Total Expenditures

16.19%

26.66%

All Other Expenditures

$40,468

$64,340

% of Total Expenditures

6.01%

11.63%
COST OF PROPERTY AND EQUIPMENT

$79,876

$79,876

Note: Fiscal Year 2001 data was obtained from audits of ROEs conducted under the direction of the Illinois State Board of Education.
1 Fiscal Year 2002 amounts include on-behalf payments ($155,878). These on-behalf payments were not included in Fiscal Year 2001.
* Percentages may not add due to rounding.
REGIONAL SUPERINTENDENT
During Audit Period: Honorable Gary Grzanich
Currently: Honorable Gary Grzanich