REPORT DIGEST

 

ILLINOIS GAMING BOARD

(A Division of the Illinois Department of Revenue)

 

COMPLIANCE AUDIT

For the Two Years Ended:

June 30, 2003

 

Summary of Findings:

 

Total this audit                       0

Total last audit                       0

Repeated from last audit        0

 

Release Date:

April 27, 2004

 

 

 

 

 

 

 

 

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 TDD (217) 524-4646

 

 

 

This Report Digest is also available on

the worldwide web at

http://www.state.il.us/auditor

 

INTRODUCTION

The Illinois Gaming Board administers, enforces and regulates the systems of riverboat gambling. The Board is a Division of the Illinois Department of Revenue.

 

FINDINGS, CONCLUSIONS, AND RECOMMENDATIONS

There were no material findings of noncompliance disclosed during our audit testing. We commend the Board for maintaining effective fiscal controls.

 

AUDITOR’S OPINION

We conducted a compliance audit of the Illinois Gaming Board in conjunction with the Illinois Department of Revenue as required by the Illinois State Auditing Act. Financial statements for the Board are included in the audit report of the Illinois Department of Revenue.

 

 

___________________________________

WILLIAM G. HOLLAND, Auditor General

WGH:TLD:pp

 

SPECIAL ASSISTANT AUDITORS

Our special assistant auditors for this audit were McGladrey & Pullen, LLP.

 

 

 

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

 

 

                                                   ILLINOIS GAMING BOARD

                       (A DIVISION OF THE ILLINOIS DEPARTMENT OF REVENUE)

 

                                                       COMPLIANCE AUDIT

                                            For The Two Years Ended June 30, 2003

 

 

EXPENDITURE STATISTICS

FY 2003

FY 2002

FY 2001

 

• Total Expenditures and Operating 
        Transfers (in thousands)

OPERATIONS TOTAL

     % of Total Expenditures

     Personal Services

          % of Operations Expenditures

          Average Number of Employees

     Other Payroll Costs (FICA, Retirement)

          % of Operations Expenditures

     Contractual Services

          % of Operations Expenditures

     All Other Operations Items

          % of Operations Expenditures

 

GRANTS TO LOCAL GOVERNMENTS AND REFUNDS TOTAL

     % of Total Expenditures

 

OPERATING TRANSFERS TO EDUCATION ASSISTANCE FUND TOTAL

     % of Total Expenditures

 

• Total Revenues

 

OTHER TAXES

     % of Total Revenues

 

LICENSES AND FEES

     % of Total Revenues

(in thousands)

 

$689,834

$14,684

2.2%

$5,613

38.2%

78

$1,742

11.9%

$6,812

46.4%

$517

3.5%

 

 

$110,000

15.9%

 

 

$565,150

81.9%

 

$684,430

 

$683,415

99.8%

 

$1,015

.2%

(in thousands)

 

$601,739

$12,868

2.2%

$4,882

37.9%

82

$1,537

11.9%

$5,894

45.8%

$555

4.4%

 

 

$129,000

21.4%

 

 

$459,871

76.4%

 

$572,503

 

$571,370

99.8%

 

$1,133

.2%

(in thousands)

 

$526,790

$13,302

2.5%

$3,567

26.8%

70

$1,084

8.2%

$8,129

61.1%

$522

3.9%

 

 

$102,000

19.4%

 

 

$411,488

78.1%

 

$530,090

 

$528,916

99.8%

 

$1,174

.2%

SELECTED ACTIVITY MEASURES (unaudited)

Calendar

2002

Calendar

2001

Calendar

2000

•  Number of Licenses in Operation

•  Adjusted Gross Receipts (AGR)

•  Admissions

•  AGR Per Admission

•  Total Tax

•  State Share

•  Local Share

10

$1,831,550,836

18,821,582

$97.31

$666,101,823

$555,702,432

$110,399,391

10

$1,783,958,166

18,808,281

$94.85

$555,204,313

$447,228,898

$107,975,415

9

$1,658,004,361

19,014,939

$87.19

$512,213,123

$410,328,901

$101,884,222

BOARD CHAIRMAN

During Audit Period: Gregory C. Jones (7/01/01 to 9/05/02),

Elzie Higginbottom (9/06/02 to Present)

Currently: Elzie Higginbottom