REPORT DIGEST
DEPARTMENT OF INNOVATION AND TECHNOLOGY
(TECHNOLOGY MANAGEMENT REVOLVING FUND)

FINANCIAL AUDIT
FOR THE YEAR ENDED JUNE 30, 2024

Release Date:  April 29, 2025

FINDINGS THIS AUDIT: 1

CATEGORY:  NEW -- REPEAT – TOTAL
Category 1:  0 -- 0 -- 0
Category 2:  0 -- 1 -- 1
Category 3:  0 -- 0 -- 0
TOTAL:  0 -- 1 -- 1

FINDINGS LAST AUDIT: 4

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, 400 West
Monroe, Suite 306, Springfield, IL
62704-9849
(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 the Department of
Innovation and Technology’s (Department)
Financial Audit of the Technology Management
and Revolving Fund as of and for the year
ended June 30, 2024. A Digest covering the
Department’s Compliance Examination will be
released at a later date.

SYNOPSIS

• (24-01) The Department did not review the
billing rates utilized to bill agencies for
telecommunication services.

FINDINGS, CONCLUSIONS, AND RECOMMENDATIONS

INADEQUATE REVIEW OF TELECOMMUNICATION
BILLING RATES

The Department of Innovation and Technology
(Department) did not review the billing
rates utilized to bill agencies for
telecommunication services.

During testing, we noted the Department adds
an administrative mark up to the
telecommunication rate; however, we noted
the Department had not developed a
methodology to determine the administrative
mark up.  (Finding 1, pages 25-26)

We recommended the Department develop a
methodology for determining the
administrative markup.

The Department accepted the finding and
recommendation and stated they will review
the existing methodology to better document
the administrative mark up for
telecommunications.

AUDITOR’S OPINION

The auditors stated the financial statements
of the Department’s Technology Management
Revolving Fund (Fund) as of and for the year
ended June 30, 2024, are fairly stated in
all material respects.

This financial audit was conducted by Roth &
Company LLP.

COURTNEY DZIERWA
Division Director

This report is transmitted in accordance
with Section 3-14 of the Illinois State
Auditing Act.

FRANK J. MAUTINO
Auditor General

FJM:QK