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REPORT DIGEST
SOUTHERN
ILLINOIS UNIVERSITY
COMPLIANCE EXAMINATION
(In accordance with the Single Audit Act
and OMB Circular A-133) For the Year Ended: June 30, 2007 Summary of Findings: Total This Year - Financial audit 0* - Compliance audit 14 Total Last Year - Financial audit 0* - Compliance audit 5 Repeated From Last Year - Financial audit 0* - Compliance audit 1 * Financial Audit Previously Released Release Date: April 10, 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 the
Full Report are also available on the worldwide web at |
INTRODUCTION
The Financial Statement Audit for the year ended June 30, 2007 was previously released March 25, 2008. The audit did not contain any findings. This report addresses federal and State compliance findings pertaining to the Single Audit and State Compliance Examination. In total, this document contains 14 findings.
SYNOPSIS (Federal and State Compliance findings) ¨ The University did not have adequate control over expenditure of Trio Education Talent Search funds. Gift cards for restaurants and entertainment establishments were purchased with Federal funds.
¨ The University did not take adequate measures to ensure that vendors who received federal funds were not suspended or debarred.
¨ Vehicles purchased for the Head Start program were not adequately accounted for.
¨ A reconciliation of direct loans with the Direct Loan School Account Statement (DLSAS) was not performed on a monthly basis.
¨ The University did not ensure timely and accurate reporting of information to the National Student Clearinghouse (NSC) for the Direct Loan Program.
¨ Adequate controls were not in place over the Fiscal Operations and Application to Participate (FISAP) and the Schedule of Federal Expenditures (SEFA).
¨ Timesheets are not maintained in compliance with the State
¨ The University released certain student information to a financial institution, in violation of the Southern Illinois University Management Act.
¨ The University did not report monthly as required by the Board of Higher Education Act.
{Expenditures and Activity Measures are summarized on the reverse page.} |
SOUTHERN ILLINOIS UNIVERSITY
COMPLIANCE
EXAMINATION AND SINGLE AUDIT
FOR
THE YEAR ENDED JUNE 30, 2007
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STATEMENT OF REVENUES, EXPENSES AND CHANGES IN NET ASSETS |
FY2007
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FY2006 |
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OPERATING REVENUES Student tuition and fees......................................................... Auxiliary enterprises................................................................ Grants and contracts............................................................... Sales and services of educational activities........................ Other.......................................................................................... Total Operating Revenues.............................................. OPERATING EXPENSES
Instruction................................................................................. Public services........................................................................ Academic support.................................................................. Student services..................................................................... Institutional support............................................................. Operation and maintenance of plant................................... Scholarships and fellowships.............................................. Auxiliary enterprises............................................................. Depreciation............................................................................ Other........................................................................................Total Operating Expenses...................................................Operating Loss............................................................................. NON-OPERATING REVENUES (EXPENSES) State appropriations................................................................ Payments on behalf of the University.................................. Other non-operating revenues (expenses), net................... Net Non-operating Revenues .......................................... Income (Loss) Before Capital Contributions.......................... Capital appropriations, additions to endowments and capital grantsINCREASE IN NET ASSETS......................................................Net assets, beginning of the year............................................... Net assets, end of the year................................................... |
$182,140,804 83,367,711 89,604,596 52,529,185 39,603,670 $447,245,966 $259,860,902 57,700,962 56,378,043 112,268,877 55,192,637 54,640,752 65,398,396 19,159,776 77,328,543 34,958,458 350,826 $793,238,172 ($345,992,206) $223,149,103 106,525,874 34,315,848 $363,990,825 $17,998,619 $32,650,797 $50,649,416 $375,488,020 $426,137,436 |
$156,557,921 78,597,396 100,738,941 92,141,388 322,278 $428,357,924 $249,878,046 63,636,130 54,923,313 103,935,635 51,296,734 51,562,883 66,850,255 19,047,927 73,435,273 35,641,988 439,978 $770,648,162 ($342,290,238) $217,597,790 94,771,410 29,676,351 $342,045,551 ($244,687) $8,681,091 $8,436,404 $367,051,616 $375,488,020 |
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SELECTED ACCOUNT BALANCES |
JUNE 30,
2007
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JUNE 30,
2006
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Cash and investments............................................................. Capital assets, net of accumulated depreciation................ Total Assets............................................................................. Revenue bonds, notes payable and capital lease obligations.............................................................................. Accrued compensated absences.......................................... Total Liabilities...................................................................... Net assets................................................................................ |
$221,463,550 $572,516,218 $868,278,645 $239,784,222 $46,820,844 $442,141,209 $426,137,436 |
$255,911,273 $501,153,312 $827,406,841 $247,983,156 $45,304,330 $451,918,821 $375,488,020 |
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EMPLOYMENT STATISTICS
(unaudited) |
FALL 2006
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FALL 2005
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Carbondale .................................................................................. Edwardsville............................................................................... Total Employees.................................................................. |
6,974 2,802 9,776 |
6,812 2,857 9,669 |
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ENROLLMENT STATISTICS
(unaudited) |
FALL 2006
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FALL 2005
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Carbondale (Full-time and Part-time students).................... Edwardsville (Full-time and Part-time students)................. Total Enrollment.............................................................. |
21,003 13,449 34,452 |
21,441 13,460 34,901 |
UNIVERSITY
PRESIDENT
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During Audit Period: Mr. Glenn Poshard Currently: Mr. Glenn Poshard |
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Gift cards for
restaurants and entertainment establishments were purchased with federal
funds
Matter under review
Controls not in
place to ensure vendors have not been suspended or debarred
Vehicles were omitted
from the list of federally funded equipment Changes in student
enrollment status are not being
reported as required
FISAP reports
inaccurate Federal grants were
excluded from the SEFA Non-compliance with
the State Officials and Employees Ethics Act Timesheets are only
maintained for the Universities civil service and student employees Information on students
released to a financial institution Four adjudicated
cases were not reported
University
officials disagree
Auditor’s Comment |
INT |