REPORT DIGEST

UNIVERSITY PARK, SOUTHERN ILLINOIS UNIVERSITY AT EDWARDSVILLE, INC.

FINANCIAL AUDIT
For the Year Ended:
June 30, 1997

Release Date:
January 29, 1998

State of Illinois
Office of the Auditor General

WILLIAM G. HOLLAND
AUDITOR GENERAL

Iles Park Plaza
740 E. Ash Street
Springfield, IL 62703
(217) 782-6046

INTRODUCTION

University Park was incorporated November 23, 1992 and began operations on January 12, 1994. Under the terms of a contract with the Board of Trustees of SIU, University Park is responsible for the management, operation, leasing and maintenance of the University Park facility. This digest covers our financial audit only. A compliance audit report is being issued separately.

AUDITORS' OPINION

Our auditors stated the June 30, 1997 financial statements of University Park are fairly presented.

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WILLIAM G. HOLLAND, Auditor General

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SPECIAL ASSISTANT AUDITORS

Coopers & Lybrand L.L.P. were our special assistant auditors for this audit.