REPORT DIGEST

DEPARTMENT OF REVENUE

FINANCIAL AUDIT

For the Year Ended:

June 30, 2002

 

Release Date:
March 13, 2003

Logo.gif (1870 bytes)

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
Attn: Records Manager
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

We performed a financial audit of the Department of Revenue for the year ended June 30, 2002. A two-year compliance audit and a one-year financial audit will be performed for the period ended June 30, 2003.

 

AUDITOR’S OPINION

Our auditors stated the Department’s financial statements as of June 30, 2002 were fairly presented in all material respects.

 

 

 

____________________________________

WILLIAM G. HOLLAND, Auditor General

WGH:TLD:pp

SPECIAL ASSISTANT AUDITORS

Our special assistant auditors were McGladrey & Pullen, LLP.

{Expenditures and Activity Measures are summarized on the reverse page.}

 

 

 

 

DEPARTMENT OF REVENUE

FINANCIAL AUDIT

For The Year Ended June 30, 2002

 

OPERATING STATISTICS (expressed in thousands)

FY 2002

FY 2001

Total Revenues

$21,100,304

$22,082,562

Income Taxes

% of Total Revenues

$8,643,033

41.0%

$9,672,057

43.8%

Sales Taxes

% of Total Revenues

$8,222,242

39.0%

$8,208,382

37.2%

Motor Fuel Taxes

% of Total Revenues

$1,355,666

6.4%

$1,342,733

6.1%

Public Utilities Taxes

% of Total Revenues

$1,483,867

7.0%

$1,480,475

6.7%

Other Collections

% of Total Revenues

$1,395,496

6.6%

$1,378,915

6.2%

DEPARTMENT DIRECTOR

During Audit Period: Glen Bower
Currently: Brian Hamer