STATE OF ILLINOIS REGIONAL OFFICE OF EDUCATION #40 FINANCIAL AUDIT_part7 ppt

SUPPLEMENTAL INFORMATION This is trial version www.adultpdf.com CALHOUN, GREENE, JERSEY AND MACOUPIN COUNTIES REGIONAL OFFICE OF EDUCATION #40 COMBINING SCHEDULE OF ACCOUNTS GENERAL FUND June 30, 2009 Jerseyville Administrative Testing Office Fund Center Account ASSETS Cash $ $ 328 $ 13,999 Accounts receivable 9,765 Investments Due from other funds 24,216 Due from other governments Total assets $ 9,765 $ 24,544 $ 13,999 LIABILITIES AND FUND BALANCES LIABILITIES Accounts payable $ 171 $ 446 $ Due to other funds 1,869 Deferred revenue 4,260 8,035 Total liabilities 6,300 446 8,035 FUND BALANCES Unreserved 3,465 24,098 5,964 Total liabilities and fund balances $ 9,765 $ 24,544 $ 13,999 57 This is trial version www.adultpdf.com CALHOUN, GREENE, JERSEY AND MACOUPIN COUNTIES REGIONAL OFFICE OF EDUCATION #40 COMBINING SCHEDULE OF ACCOUNTS (Continued) GENERAL FUND June 30, 2009 ASSETS ROE/ISC Operations Direct Services Regional Initiative Fund Cash Accounts receivable Investments Due from other funds Due from other governments $ 15,022 22,533 $ 44,743 1,127 $ 35,286 Total assets $ 37,555 $ 45,870 $ 35,286 LIABILITIES AND FUND BALANCES LIABILITIES Accounts payable Due to other funds Deferred revenue $ 37,553 $ $ Total liabilities 37,553 FUND BALANCES Unreserved 2 45,870 35,286 Total liabilities and fund balances $ 37,555 $ 45,870 $ 35,286 58 This is trial version www.adultpdf.com CALHOUN, GREENE, JERSEY AND MACOUPIN COUNTIES REGIONAL OFFICE OF EDUCATION #40 COMBINING SCHEDULE OF ACCOUNTS (Continued) GENERAL FUND June 30, 2009 Macoupin County Monies Virden-Girard Committee of 10 El iminations Totals ASSETS Cash Accounts receivable Investments Due from other funds Due from other governments $ 123 15,509 $ $ (1,869) $ 14,450 9,765 15,022 117,885 23,660 Total assets $ 15,632 $ $ (1,869) $ 180,782 LIABILITIES AND FUND BALANCES LIABILITIES Accounts payable Due to other funds Deferred revenue $ 13,152 $ $ (1,869) $ 617 37,553 25,447 Total liabilities 13,152 (1,869) 63,617 FUND BALANCES Unreserved 2,480 117,165 Total liabilities and fund balances $ 15,632 $ $ (1,869) $ 180,782 59 This is trial version www.adultpdf.com CALHOUN, GREENE, JERSEY AND MACOUPIN COUNTIES REGIONAL OFFICE OF EDUCATION #40 COMBINING SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES GENERAL FUND ACCOUNTS For the year ended June 30, 2009 Revenues: Local sources State sources On-behalf payments Interest Administrative Fund $ 32,731 277,821 Testing Center $ 25,807 Jerseyville Office Account $ 66,727 Total revenues 310,552 25,807 66,727 Expenditures: Salaries and benefits Purchased services Supplies and materials Capital outlay Other objects Debt service: Principal Interest On-behalf payments 929 15,681 4,567 850 1,749 597 277,821 12,476 5,412 77,118 6,202 587 1,068 Total expenditures 302,194 17,888 84,975 Excess (deficiency) of revenues over (under) expenditures 8,358 7,919 (18,248) Other financing uses: Transfers out Net change in fund balances 8,358 7,919 (18,248) Fund balances (deficits), beginning of year (4,893) 16,179 24,212 Fund balances, end of year $ 3,465 $ 24,098 $ 5,964 60 This is trial version www.adultpdf.com CALHOUN, GREENE, JERSEY AND MACOUPIN COUNTIES REGIONAL OFFICE OF EDUCATION #40 COMBINING SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES (Continued) GENERAL FUND ACCOUNTS For the year ended June 30, 2009 Revenues: Local sources State sources On-behalf payments Interest ROE/ISC Operations $ 80,088 Direct Services $ 23,770 Regional Initiative Fund $ 300 Total revenues 80,089 23,770 300 Expenditures: Salaries and benefits Purchased services Supplies and materials Capital outlay Other objects Debt service: Principal Interest On-behalf payments 67,628 10,301 962 1,196 15,896 500 65 Total expenditures 80,087 15,896 565 Excess (deficiency) of revenues over (under) expenditures 2 7,874 (265) Other financing uses: Transfers out (7,725) Net change in fund balances 2 7,874 (7,990) Fund balances (deficits), beginning of year 37,996 43,276 Fund balances, end of year $ 2 $ 45,870 $ 35,286 61 This is trial version www.adultpdf.com CALHOUN, GREENE, JERSEY AND MACOUPIN COUNTIES REGIONAL OFFICE OF EDUCATION #40 COMBINING SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES (Continued) GENERAL FUND ACCOUNTS For the year ended June 30, 2009 Revenues: Local sources State sources On-behalf payments Interest Macoupin County Monies $ 72,762 Virden-Girard Committee of 10 $ 1,000 6,500 $ Totals 223,097 86,588 277,821 1 Total revenues 72,762 7,500 587,507 Expenditures: Salaries and benefits Purchased services Supplies and materials Capital outlay Other objects Debt service: Principal Interest On-behalf payments 46,957 23,325 7,407 93 192,632 91,788 11,686 2,046 1,068 1,749 597 277,821 Total expenditures 70,282 7,500 579,387 Excess (deficiency) of revenues over (under) expenditures 2,480 8,120 Other financing uses: Transfers out (7,725) Net change in fund balances 2,480 395 Fund balances (deficits), beginning of year 116,770 Fund balances, end of year $ 2,480 $ $ 117,165 62 This is trial version www.adultpdf.com CALHOUN, GREENE, JERSEY AND MACOUPIN COUNTIES REGIONAL OFFICE OF EDUCATION #40 BUDGET ARY COMPARISON SCHEDULE GENERAL FUND ACCOUNTS ROE/ISC OPERATIONS - PROJECT #09-3730-00 For the year ended June 30, 2009 Revenues: State sources Interest Budgeted Amounts Original Final $ 80,088 $ 80,088 Actual Amounts $ 80,088 1 Variance with Final Budget $ Total revenues 80,088 80,088 80,089 Expenditures: Salaries and benefits Purchased services Supplies and materials Capital outlay 70,088 9,000 1,000 66,338 11,750 1,000 1,000 67,628 10,301 962 1,196 (1,290) 1,449 38 (196) Total expenditures 80,088 80,088 80,087 Excess of revenues over expenditures $ $ 2 $ 2 Fund balance, beginning of year Fund balance, end of year $ 2 63 This is trial version www.adultpdf.com CALHOUN, GREENE, JERSEY AND MACOUPIN COUNTIES REGIONAL OFFICE OF EDUCATION #40 COMBINING SCHEDULE OF ACCOUNTS EDUCATION FUND June 30, 2009 Truants Alternative/ Regional Optional Safe Education Mini Grants Schools ASSETS Cash Investments Due from other funds Due from other governments $ 11,330 22,664 $ $ 2,702 30,000 37,553 32,880 Total assets $ 33,994 $ $ 103,135 LIABILITIES AND FUND BALANCES LIABILITIES Accounts payable $ $ $ 670 Payroll1iabilities payable 2,867 8,993 Claims payable 632 Due to other funds 31,078 49,918 Deferred revenue Total liabilities 33,945 60,213 FUND BALANCES Unreserved 49 42,922 Total1iabilities and fund balances $ 33,994 $ $ 103,135 64 This is trial version www.adultpdf.com CALHOUN, GREENE, JERSEY AND MACOUPIN COUNTIES REGIONAL OFFICE OF EDUCATION #40 COMBINING SCHEDULE OF ACCOUNTS (Continued) EDUCA TION FUND June 30, 2009 Adult Adult Adult Education - Education - Education - Public Performance State Basic Assistance ASSETS Cash $ $ $ Investments Due from other funds Due from other governments 5,871 6,812 12,407 Total assets $ 5,871 $ 6,812 $ 12,407 LIABILITIES AND FUND BALANCES LIABILITIES Accounts payable Payroll liabilities payable Claims payable Due to other funds Deferred revenue $ 1,835 4,036 $ 1,483 5,323 $ 5,359 9,201 Total liabilities 5,871 6,806 14,560 FUND BALANCES Unreserved 6 (2,153) Total liabilities and fund balances $ 5,871 $ 6,812 $ 12,407 65 This is trial version www.adultpdf.com [...]...CALHOUN, GREENE, JERSEY AND MACOUPIN COUNTIES REGIONAL OFFICE OF EDUCATION #40 COMBINING SCHEDULE OF ACCOUNTS (Continued) EDUCATION FUND June 30, 2009 Adult Education ­ Federal Basic National School Lunch Regional System of Support Provider ASSETS Cash Investments Due from other funds Due from other governments $ 3,383 $ 6,911 37 $... $ 3,420 $ This is trial version www.adultpdf.com 66 $ 6,911 CALHOUN, GREENE, JERSEY AND MACOUPIN COUNTIES REGIONAL OFFICE OF EDUCATION #40 COMBINING SCHEDULE OF ACCOUNTS (Continued) EDUCATION FUND June 30, 2009 Mathematics and Science Partnerships Preschool Monitoring English Language Learners Professional Development ASSETS Cash Investments Due from other funds Due from other governments Total assets . AND MACOUPIN COUNTIES REGIONAL OFFICE OF EDUCATION #40 COMBINING SCHEDULE OF ACCOUNTS EDUCATION FUND June 30, 2009 Truants Alternative/ Regional Optional Safe Education Mini Grants Schools. MACOUPIN COUNTIES REGIONAL OFFICE OF EDUCATION #40 COMBINING SCHEDULE OF ACCOUNTS (Continued) EDUCA TION FUND June 30, 2009 Adult Adult Adult Education - Education - Education - Public. COUNTIES REGIONAL OFFICE OF EDUCATION #40 COMBINING SCHEDULE OF ACCOUNTS (Continued) EDUCATION FUND June 30, 2009 ASSETS National School Lunch Adult Education - Federal Basic Regional