REPORT DIGEST

 

REGIONAL OFFICE OF EDUCATION #39

 

MACON AND PIATT COUNTIES

 

FINANCIAL AUDIT

(In Accordance with the

Single Audit Act and

OMB Circular A-133)

 

For the Year Ended:

June 30, 2008

 

Summary of Findings:

 

Total this audit††††††††††††       † 0

Total last audit††††††††††††       † 0

Repeated from last audit      0

 

Release Date:

March 19, 2009

 

 

 

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 TTY (888) 261-2887

 

This Report Digest and Full Report are also available on

the worldwide web at

http://www.auditor.illinois.gov

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

INTRODUCTION

 

†††††††† Our report covers the financial audit for the period ending June 30, 2008.

 

 

 

 

AUDITORSí OPINION

 

†††††††† Our auditors state the Regional Office of Education #39ís financial statements as of June 30, 2008 are fairly presented in all material respects.

 

 

 

_____________________________________

WILLIAM G. HOLLAND, Auditor General

 

WGH:JB

 

 

 

 

SPECIAL ASSISTANT AUDITORS

 

†††††††† Our special assistant auditors were West & Company, LLC.

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

REGIONAL OFFICE OF EDUCATION #39

MACON AND PIATT COUNTIES

 

 

FINANCIAL AUDIT

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

For The Year Ended June 30, 2008

 

 

 

FY 2008

FY 2007

TOTAL REVENUES

$8,761,270

$8,741,240

Local Sources

$1,607,665

$1,389,428

% of Total Revenues

18.35%

15.90%

State Sources

$5,721,561

$6,365,613

% of Total Revenues

65.31%

72.82%

Federal Sources

$1,432,044

$986,199

% of Total Revenues

16.35%

11.28%

 

TOTAL EXPENDITURES

$8,437,549

$8,498,348

Salaries and Benefits

$6,533,845

$6,672,965

% of Total Expenditures

77.44%

78.52%

Purchased Services

$1,673,787

$1,527,540

% of Total Expenditures

19.84%

17.97%

All Other Expenditures

$229,917

$297,843

% of Total Expenditures

2.72%

3.51%

 

TOTAL NET ASSETS

$2,051,058

$1,727,337

 

INVESTMENT IN CAPITAL ASSETS

$66,530

$91,085

 

Percentages may not add due to rounding.

 

 

REGIONAL SUPERINTENDENT

During Audit Period:Honorable Richard Shelby

Currently:Honorable Richard Shelby