REPORT DIGEST

 

REGIONAL OFFICE OF EDUCATION #22

 

FULTON AND SCHUYLER 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:

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.

 

AUDITORSí OPINION

Our auditors state the Regional Office of Education #22ís financial statements as of June 30, 2003 are fairly presented in all material respects.

 

 

_____________________________________

WILLIAM G. HOLLAND, Auditor General

WGH:KJM:ro

 

SPECIAL ASSISTANT AUDITORS

Our special assistant auditors were Ginoli & Company, LTD.

 

 

 

 

 

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

 

                       REGIONAL OFFICE OF EDUCATION #22

                         FULTON AND SCHUYLER 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

$825,837

$732,299

Local sources

$264,586

$167,415

% of Total Revenues

32.04%

22.86%

State Sources

$510,067

$526,711

% of Total Revenues

61.76%

71.93%

Federal Sources

$51,184

$38,173

% of Total Revenues

6.20%

5.21%

 

TOTAL EXPENDITURES

$801,463

$673,737

Salaries and Benefits

$646,448

$524,174

% of Total Expenditures

80.66%

77.80%

Purchased Services

$96,177

$109,095

% of Total Expenditures

12.00%

16.19%

All Other Expenditures

$58,838

$40,468

% of Total Expenditures

7.34%

6.01%

 

 

 

COST OF PROPERTY AND EQUIPMENT

$105,762

$79,876

 

* Percentages may not add due to rounding.

REGIONAL SUPERINTENDENT

During Audit Period: Honorable Gary Grzanich (retired February 2003)

Honorable Alan Coleman

Currently: Honorable Alan Coleman