REPORT DIGEST DEPARTMENT OF CENTRAL MANAGEMENT SERVICES TEACHER HEALTH INSURANCE SECURITY FUND FINANCIAL AUDIT FOR THE YEAR ENDED JUNE 30, 2018 Release Date: April 25, 2019 FINDINGS THIS AUDIT: 0 FINDINGS LAST AUDIT: 1 State of Illinois, Office of the Auditor General FRANK J. MAUTINO, 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 our financial audit of the Teacher Health Insurance Security Fund for the year ended June 30, 2018. At June 30, 2018 the Net Position reflected a deficit of $18,487,000. Further, the Schedule of Changes in Net OPEB Liability reflects a Net OPEB Liability of $26,327,385,258. There were no material findings of noncompliance disclosed during our examination. AUDITOR’S OPINION The auditors stated the financial statements of the Department of Central Management Services, Teacher Health Insurance Security Fund as of and for the year ended June 30, 2018, are fairly stated in all material respects. This financial audit was conducted by Sikich, LLP. JANE CLARK Division Director This report is transmitted in accordance with Section 3-14 of the Illinois State Auditing Act. FRANK J. MAUTINO Auditor General FJM:skm