REPORT DIGEST

 

REGIONAL OFFICE OF EDUCATION # 33

 

KNOX COUNTY

 

FINANCIAL AUDIT

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 audit for the period ending June 30, 2003.

AUDITORSí OPINION

Our auditors state the Regional Office of Education #33ís financial statements as of June 30, 2003 are fairly presented in all material respects.

 

 

____________________________________

WILLIAM G. HOLLAND, Auditor General

WGH:JRB: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 # 33

                                              KNOX COUNTY

                                           FINANCIAL AUDIT

                                 For The Year Ended June 30, 2003

FY 2003

FY 2002

TOTAL REVENUES

$635,350

$631,605

Local sources

$98,454

$72,560

% of Total Revenues

15.50%

11.49%

State Sources

$521,030

$529,202

% of Total Revenues

82.01%

83.79%

Federal Sources

$15,866

$29,843

% of Total Revenues

2.50%

4.72%

 

TOTAL EXPENDITURES

$665,639

$647,108

Salaries and Benefits

$483,083

$412,238

% of Total Expenditures

72.57%

63.70%

Purchased Services

$117,617

$182,220

% of Total Expenditures

17.67%

28.16%

All Other Expenditures

$64,939

$52,650

% of Total Expenditures

9.76%

8.14%

     

COST OF PROPERTY AND EQUIPMENT

$174,919

$174,919

 

* Percentages may not add due to rounding.

REGIONAL SUPERINTENDENT

During Audit Period: Honorable Robert Johnson

Currently: Honorable Bonnie Harris