REPORT DIGEST

DEPARTMENT OF
REVENUE

FINANCIAL AUDIT
For the Year Ended:
June 30, 1998

Release Date:
March 10, 1999

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, 1998. A two year compliance audit and a one year financial audit will be performed for the period ended June 30, 1999.

 

AUDITORS' OPINION

Our auditors stated the Department's financial statements at June 30, 1998 are fairly presented except for the effects of such adjustments, if any, as might have been determined to be necessary had they been able to examine evidence regarding year 2000 disclosures.

 

____________________________________
WILLIAM G. HOLLAND, Auditor General

WGH:KMC:pp

 

SPECIAL ASSISTANT AUDITORS

Our special assistant auditors were Pandolfi, Topolski, Weiss & Co., Ltd.

 

 

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

FY 1998

FY 1997

• Total Revenues

Income Taxes
% of Total Revenues

Sales Taxes
% of Total Revenues

Motor Fuel Taxes
% of Total Revenues

Public Utilities Taxes
% of Total Revenues

Other Collections
% of Total Revenues

$19,442,913

$8,807,414
45.3%

$7,167,075
36.9%

$1,287,585
6.6%

$1,157,715
5.9%

$1,023,124
5.3%

$17,986,447

$7,931,611
44.1%

$6,822,349
37.9%

$1,231,755
6.9%

$1,077,535
6.0%

$923,197
5.1%