REPORT DIGEST ILLINOIS STATE BOARD OF INVESTMENT Financial Audit For the Two Year Ended June 30, 2014 Release Date: December 18, 2014 FINDINGS THIS AUDIT: 0 FINDINGS LAST AUDIT: 0 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 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 www.auditor.illinois.gov INTRODUCTION This digest covers the Illinois State Board of Investment Financial Audit as of and for the year ended June 30, 2014. The Illinois State Board of Investment’s Compliance Examination covering the year ended June 30, 2014 will be issued in a separate report at a later date. AUDITOR’S OPINION Our auditors stated the financial statements of the Illinois State Board of Investment as of June 30, 2014, and for the year then ended, are fairly stated in all material respects. WILLIAM G. HOLLAND Auditor General WGH:TLK SPECIAL ASSISTANT AUDITORS Our Special Assistant Auditors for this audit were McGladrey LLP.