REPORT DIGEST

REGIONAL OFFICE OF EDUCATION #26: FULTON,
HANCOCK, MCDONOUGH, AND SCHUYLER COUNTIES

FINANCIAL AUDIT
FOR THE YEAR ENDED JUNE 30, 2023

Release Date:  March 13, 2024

FINDINGS THIS AUDIT: 1

CATEGORY:  NEW -- REPEAT -- TOTAL
Category 1:  0 -- 0 -- 0
Category 2:  1 -- 0 -- 1
Category 3:  0 -- 0 -- 0
TOTAL:  1 – 0 -- 1

FINDINGS LAST AUDIT:  1

Category 1: Findings that are material
weaknesses in internal control and/or a
qualification on compliance with State laws
and regulations (material noncompliance).
Category 2: Findings that are significant
deficiencies in internal control and
noncompliance with State laws and
regulations.
Category 3: Findings that have no internal
control issues but are in noncompliance with
State laws and regulations.

State of Illinois, Office of the Auditor
General
FRANK J. MAUTINO, 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 TTY (888) 261-2887

This Report Digest and Full Report are also
available on the worldwide web at
www.auditor.illinois.gov

INTRODUCTION

SYNOPSIS

• (23-1) The Regional Office of Education
#26 did not have adequate internal controls
over receipts.

FINDINGS, CONCLUSIONS, AND RECOMMENDATIONS

INADEQUATE INTERNAL CONTROLS OVER RECEIPTS

The Regional Office of Education #26 (ROE)
did not have adequate internal controls over
receipts. Auditors noted 11 of 25 receipts
tested (44%), totaling $163,523, were not
deposited timely, ranging from 1 to 19 days
late.

Sound internal controls require a policy on
timeliness of deposits, either based on
dollar threshold or defined timeframe, from
the date of receipt. There should be
documentation of the date when cash and
checks are received.

Regional Office officials indicated deposits
were delayed due to competing priorities.
(Finding 2023-001, page 11)

The auditors recommended the ROE should
implement controls and maintain adequate
supporting documentation to ensure cash
receipts are deposited in a timely manner.

ROE Response: The ROE will ensure deposits
are done timely.

AUDITORS’ OPINION

Our auditors state the Regional Office of
Education #26’s financial statements as of
June 30, 2023 are fairly presented in all
material respects.

This financial audit was conducted by the
firm of Adelfia LLC.

JOE BUTCHER
Division Director

This report is transmitted in accordance
with Section 3-14 of the Illinois State
Auditing Act.

FRANK J. MAUTINO
Auditor General

FJM:JRB