REPORT DIGEST

 

REGIONAL OFFICE OF EDUCATION #54

 

VERMILION COUNTY

 

FINANCIAL AUDIT

 

 

For the Year Ended:

June 30, 2007

 

Summary of Findings:

 

Total this audit†††††††††     †††† 1

Total last audit†††††††††††††      1

Repeated from last audit    1

 

Release Date:

March 4, 2008

 

 

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 is also available on

the worldwide web at

http://www.auditor.illinois.gov

 

 

 

 

 

 

 

 

SYNOPSIS

 

 

 

  • As required by the School Code, the Regional Office of Education #54 presented reports to the county board of the acts of the Superintendent, including a list of all the schools visited.However, the reports did not include the dates of visitation as required (105 ILCS 5/3-5).

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 


 

 

 

†††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††

REGIONAL OFFICE OF EDUCATION # 54

VERMILION COUNTY

 

FINANCIAL AUDIT

For The Year Ended June 30, 2007

 

 

 

FY 2007

FY 2006

TOTAL REVENUES

$606,071

$548,426

Local Sources

$141,218

$141,993

% of Total Revenues

23.30%

25.89%

State Sources

$440,322

$384,305

% of Total Revenues

72.65%

70.07%

Federal Sources

$24,531

$22,128

% of Total Revenues

4.05%

4.03%

 

TOTAL EXPENDITURES

$622,095

$536,941

Salaries and Benefits

$270,138

$205,690

% of Total Expenditures

43.42%

38.31%

Purchased Services

$57,180

$64,731

% of Total Expenditures

9.19%

12.06%

All Other Expenditures

$294,777

$266,520

% of Total Expenditures

47.38%

49.64%

 

 

 

TOTAL NET ASSETS

$122,454

$138,478

 

 

 

INVESTMENT IN CAPITAL ASSETS

 

$0

 

$0

 

†† Percentages may not add due to rounding.

 

REGIONAL SUPERINTENDENT

During Audit Period: Honorable Michael Metzen

Currently:Honorable Michael Metzen

 

 

 


 

 

 

 

 

 

 

 

 

 

 


As required by the School Code, the Regional Office of Education #54 presented reports to the county board of the acts of the Superintendent, including a list of all the schools visited. However, the reports did not include the dates of visitation as required
(105 ILCS 5/3-5).

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

FINDINGS, CONCLUSIONS AND RECOMMENDATIONS

 

 

CONTROLS OVER COMPLIANCE WITH LAWS AND REGULATIONS

 

†††††††† The Illinois School Code (105 ILCS 5/3-5) requires the Regional Superintendent to present under oath or affirmation to the county board at its meeting in September and as nearly quarterly thereafter as it may have regular or special meetings, a report of all his acts as county superintendent, including a list of all the schools visited with the dates of visitation.This mandate has existed in its current form since at least 1953.

 

†††††††† The Regional Office did present at the September county board meeting, and as nearly quarterly thereafter,reports of his acts including a list of all the schools visited.However, the reports did not include the dates of visitation.The Regional Superintendent noted that, due to an oversight, the reports did not include the dates of visitation.† †(Finding 07-1, pages 11-12)

 

†††††††† The auditors recommended that the Regional Superintendent should attend the county board meetings in September and quarterly thereafter, and present reports of all his acts including a list of all schools visited and dates of visitation as required by 105 ILCS 5/3-5.

 

†††††††† The Regional Superintendent was not aware that specific dates were required in the annual report of official acts to the county board required by 105 ILCS 5/3-5.The Regional Superintendent noted that in the annual report given to the county board for September 2007, the actual dates of visitation were listed by building as required by the School Code, which should correct the finding on a going forward basis.

 

 

 

 

†††† ††††††††††††††††††††††††AUDITORSí OPINION

 

†††††††† Our auditors state the Regional Office of Education #54ís financial statements as of June 30, 2007 are fairly presented in all material respects.

 

 

 

 

_____________________________________

WILLIAM G. HOLLAND, Auditor General

WGH:KJM

 

SPECIAL ASSISTANT AUDITORS

 

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