REPORT DIGEST

 

REGIONAL OFFICE OF EDUCATION #56

 

WILL COUNTY

 

FINANCIAL AUDIT

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

 

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:

May 20, 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 are also available on

the worldwide web at

http://www.auditor.illinois.gov

 

 

 

 

 

 

 

 

 

 

 

SYNOPSIS

 

 

 

        The Regional Office of Education #56 did not present at the September county board meeting, and as nearly quarterly thereafter, a report of all acts, including a list of all the schools visited and dates of visitation.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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


 

 

 

 

REGIONAL OFFICE OF EDUCATION #56

WILL COUNTY

 

FINANCIAL AUDIT

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

For The Year Ended June 30, 2007

 

 

 

FY 2007

FY 2006

TOTAL REVENUES

$10,778,597

$9,932,381

Local Sources

$1,835,324

$1,843,547

% of Total Revenues

17.03%

18.56%

State Sources

$3,692,982

$3,169,468

% of Total Revenues

34.26%

31.91%

Federal Sources

$5,250,291

$4,919,366

% of Total Revenues

48.71%

49.53%

 

TOTAL EXPENDITURES

$10,455,940

$9,804,389

Salaries and Benefits

$1,952,671

$2,224,799

% of Total Expenditures

18.68%

22.69%

Purchased Services

$2,289,685

$2,416,270

% of Total Expenditures

21.90%

24.64%

All Other Expenditures

$6,213,584

$5,163,320

% of Total Expenditures

59.43%

52.66%

 

 

 

TOTAL NET ASSETS

$1,996,951

$1,674,294

 

 

 

INVESTMENT IN CAPITAL ASSETS

 

$28,825

 

$23,218

 


Percentages may not add due to rounding.

 

REGIONAL SUPERINTENDENT

During Audit Period: Honorable Richard P. Duran

Currently:Honorable Jennifer Bertino-Tarrant


 

 

 

 

 

 

 

 


The Regional Office of Education #56 did not present at the September county board meeting, and as nearly quarterly thereafter, a report of all acts, including a list of all the schools visited and dates of visitation.

 

 

 

 

 

 

 

 

 

 

 

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 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 of Education #56 did not present at the September county board meeting, and as nearly quarterly thereafter, a report of all acts, including a list of all the schools visited and dates of visitation.The Regional Office did submit to the county board its annual report.The annual report included statistics on major areas of activities of the ROE, including the inspections of school buildings within its region.Details of the dates of visits and other statistics are provided to the board upon request.

 

†††† ††††Auditors recommended that the Regional Superintendent attend the county board meeting in September and quarterly thereafter as it may have regular or special meetings, and present a report of all acts as Superintendent, including a list of all the schools visited and dates of visitation as required by 105 ILCS 5/3-5. (Finding 07-1, pages 12-13)

 

†††††††† The Regional Office agreed with the recommendation and responded that compliance with 105 ILCS 5/3-5 is currently being done by this Office beginning September 2007.The Regional Office noted that legal opinion has been given and approval has been provided by the county board, that the Will County Regional Office of Education #56 will provide quarterly reports of all its acts as county superintendent. Furthermore, if requested, an oral, as well as written, presentation will be given in September.

 

AUDITORSí OPINION

 

†††††††† Our auditors state the Regional Office of Education #56ís 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 E.C. Ortiz & Co., LLP, Certified Public Accountants.