STATE OF ILLINOIS REGIONAL OFFICE OF EDUCATION #40 FINANCIAL AUDIT_part8 ppt

CALHOUN, GREENE, JERSEY AND MACOUPIN COUNTIES REGIONAL OFFICE OF EDUCATION #40 COMBINING SCHEDULE OF ACCOUNTS (Continued) EDUCATION FUND June 30, 2009 Beginning Illinois Federal Teacher New Stimulus Induction and Principal State Aid for Mentoring Mentoring Safe Schools ASSETS Cash $ 9,623 $ $ 9,564 Investments 15,500 Due from other funds Due from other governments 4,500 Total assets $ 25,123 $ 4,500 $ 9,564 LIABILITIES AND FUND BALANCES LIABILITIES Accounts payable Payroll liabilities payable Claims payable Due to other funds Deferred revenue $ 495 23,790 $ 4,739 2,250 $ 9,343 Total liabilities 24,285 6,989 9,343 FUND BALANCES Unreserved 838 (2,489) 221 Total liabilities and fund balances $ 25,123 $ 4,500 $ 9,564 68 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 Federal Stimulus State Aid for Adult Education Totals ASSETS Cash $ 405 $ 25,677 Investments 56,830 Due from other funds 37,553 Due from other governments 103,579 Total assets $ 405 $ 223,639 LIABILITIES AND FUND BALANCES LIABILITIES Accounts payable $ $ 1,560 Payroll liabilities payable 4,072 35,571 Claims payable 632 Due to other funds 132,713 Deferred revenue 26,040 Total liabilities 4,072 196,516 FUND BALANCES Unreserved (3,667) 27,123 Total liabilities and fund balances $ 405 $ 223,639 69 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 EDUCATION FUND ACCOUNTS For the year ended June 30, 2009 Truants Alternative/ Optional Regional Safe Education Mini Grants Schools Revenues: Local sources $ $ $ 1,447 State sources 113,304 256,456 Federal sources 493 Interest 24 Total revenues 113,305 493 257,927 Expenditures: Salaries and benefits 101,034 200,202 Purchased services 8,630 493 42,313 Supplies and materials 3,640 14,266 Other objects Total expenditures 113,304 493 256,781 Excess (deficiency) of revenues over (under) expenditures 1,146 Other financing sources: Transfers in Net change in fund balances 1,146 Fund balances (deficits), beginning of year 48 41,776 Fund balances (deficits), end of year $ 49 $ $ 42,922 70 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) EDUCATION FUND ACCOUNTS For the year ended June 30, 2009 Revenues: Local sources State sources Federal sources Interest Adult Education - Performance $ 25,441 Adult Education - State Basic $ 29,520 4 Adult Education - Public Assistance $ 49,630 11 Total revenues 25,441 29,524 49,641 Expenditures: Salaries and benefits Purchased services Supplies and materials Other objects 24,932 509 25,996 2,933 591 46,799 1,838 993 Total expenditures 25,441 29,520 49,630 Excess (deficiency) of revenues over (under) expenditures 4 11 Other financing sources: Transfers in Net change in fund balances 4 11 Fund balances (deficits), beginning of year 2 (2,164) Fund balances (deficits), end of year $ $ 6 $ (2,153) 71 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) EDUCA nON FUND ACCOUNTS For the year ended June 30, 2009 Revenues: Local sources State sources Federal sources Interest National School Lunch $ 1,169 165 3,583 Adult Education - Federal Basic $ 30,036 Regional System of Support Provider $ 4,546 41,620 Total revenues 4,917 30,036 46,166 Expenditures: Salaries and benefits Purchased services Supplies and materials Other objects 4,077 25,599 1,039 2,797 601 42,071 4,095 Total expenditures 4,077 30,036 46,166 Excess (deficiency) of revenues over (under) expenditures 840 Other financing sources: Transfers in Net change in fund balances 840 Fund balances (deficits), beginning of year 2,185 (1,653) (8,721) Fund balances (deficits), end of year $ 3,025 $ (1,653) $ (8,721) 72 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) EDUCATION FUND ACCOUNTS For the year ended June 30, 2009 Revenues: Local sources State sources Federal sources Interest Total revenues Expenditures: Salaries and benefits Purchased services Supplies and materials Other objects Total expenditures Excess (deficiency) of revenues over (under) expenditures Other financing sources: Transfers in Net change in fund balances Fund balances (deficits), beginning of year Fund balances (deficits), end of year Mathematics and Science Partnerships $ 1,822 1,822 1,957 61 2,018 (196) 196 $ Preschool Monitoring $ 25,500 25,500 24,743 757 25,500 (1,255) $ (1,255) English Language Learners Professional Development $ 12,000 12,000 8,700 2,805 495 12,000 =$===== 73 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) EDUCATION FUND ACCOUNTS For the year ended June 30, 2009 Revenues: Local sources State sources Federal sources Interest Beginning Teacher Induction and Mentoring $ 1,000 222,500 9 $ Illinois New Principal Mentoring 19,326 Federal Stimulus State Aid for Safe Schools $ 30,620 Total revenues 223,509 19,326 30,620 Expenditures: Salaries and benefits Purchased services Supplies and materials Other objects 57,272 154,390 11,027 7,203 14,610 2 26,058 1,769 2,572 Total expenditures 222,689 21,815 30,399 Excess (deficiency) of revenues over (under) expenditures 820 (2,489) 221 Other financing sources: Transfers in Net change in fund balances 820 (2,489) 221 Fund balances (deficits), beginning of year 18 Fund balances (deficits), end of year $ 838 $ (2,489) =$====2=21= 74 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) EDUCATION FUND ACCOUNTS For the year ended June 30, 2009 Federal Stimulus Revenues: Local sources State sources Federal sources Interest $ State Aid for Adult Education 21,374 Total revenues 21,374 Expenditures: Salaries and benefits Purchased services Supplies and materials Other objects 15,843 7,050 2,148 Total expenditures 25,041 Excess (deficiency) of revenues over (under) expenditures (3,667) Other financing sources: Transfers in Net change in fund balances (3,667) Fund balances (deficits), beginning of year Fund balances (deficits), end of year $ Totals $ 3,616 746,388 141,548 49 891,601 583,666 269,008 39,542 2,694 894,910 (3,309) (3,113) 30,236 75 196 This is trial version www.adultpdf.com CALHOUN, GREENE, JERSEY AND MACOUPIN COUNTIES REGIONAL OFFICE OF EDUCATION #40 BUDGETARY COMPARISON SCHEDULE EDUCATION FUND ACCOUNTS TRUANTS ALTERNATIVE/OPTIONAL EDUCATION - PROJECT #09-3695-00 For the year ended June 30, 2009 Variance Budgeted Amounts Actual with Final Original Final Amounts Budget Revenues: State sources $ 113,304 $ 113,304 $ 113,304 $ Interest 1 Total revenue 113,304 113,304 113,305 Expenditures: Salaries and benefits Purchased services Supplies and materials 101,035 8,550 3,719 101,035 8,550 3,719 101,034 8,630 3,640 1 (80) 79 Total expenditures 113,304 113,304 113,304 Excess of revenues over expenditures $ $ $ Fund balance, beginning of year 48 Fund balance, end of year $ 49 76 This is trial version www.adultpdf.com CALHOUN, GREENE, JERSEY AND MACOUPIN COUNTIES REGIONAL OFFICE OF EDUCATION #40 BUDGETARY COMPARISON SCHEDULE EDUCATION FUND ACCOUNTS TITLE II - TEACHER QUALITY - PROJECT #09-4932-00 For the year ended June 30, 2009 Budgeted Amounts Actual Original Final Amounts Revenues: Federal sources $ 439 $ 439 $ 439 Expenditures: Purchased services 439 439 439 Excess of revenues over expenditures $ $ ==== Fund balance, beginning of year Fund balance, end of year $ NOTE: Included within Mini Grants Fund in the Education Fund. Variance with Final Budget $ $ 77 This is trial version www.adultpdf.com [...]... the Education Fund This is trial version www.adultpdf.com 78 $ ­ 54 ==== Fund balance, end of year 54 Variance with Final Budget CALHOUN, GREENE, JERSEY AND MACOUPIN COUNTIES REGIONAL OFFICE OF EDUCATION #40 BUDGETARY COMPARISON SCHEDULE EDUCATION FUND ACCOUNTS REGIONAL SAFE SCHOOLS - PROJECT #09-3696-00 For tbe year ended June 30, 2009 Budgeted Amounts Original Final Revenues: Local sources State. .. MACOUPIN COUNTIES REGIONAL OFFICE OF EDUCATION #40 BUDGETARY COMPARISON SCHEDULE EDUCATION FUND ACCOUNTS TITLE IV - SAFE AND DRUG FREE SCHOOLS - PROJECT #09-4400-00 For the year ended June 30, 2009 Actual Amounts Budgeted Amounts Original Final Revenues: Federal sources $ Expenditures: Purchased services 54 $ 54 ­ Excess of revenues over expenditures $ 54 $ 54 $ $ Fund balance, beginning of year $ NOTE:... Excess of revenues over expenditures 257,927 105,047 120,835 30,820 1,225 200,202 42,313 14,266 (79,367) (11,493) (13,041) 152,880 Expenditures: Salaries and benefits Purchased services Supplies and materials 152,880 120,835 30,820 1,225 Total revenues 152,880 1,447 256,456 24 152,880 256,781 (103,901) $ $ $ $ 1,146 Fund balance, beginning of year $ $ 1,447 103,576 24 1,146 41,776 Fund balance, end of. .. 152,880 256,781 (103,901) $ $ $ $ 1,146 Fund balance, beginning of year $ $ 1,447 103,576 24 1,146 41,776 Fund balance, end of year $ 42,922 Note: Actual column also includes Regional Safe Schools State Aid revenue (project #09-3001-93) of$ 103,576 This is trial version www.adultpdf.com 79  . REGIONAL OFFICE OF EDUCATION #40 COMBINING SCHEDULE OF ACCOUNTS (Continued) EDUCATION FUND June 30, 2009 Beginning Illinois Federal Teacher New Stimulus Induction and Principal State. MACOUPIN COUNTIES REGIONAL OFFICE OF EDUCATION #40 COMBINING SCHEDULE OF ACCOUNTS (Continued) EDUCATION FUND June 30, 2009 Federal Stimulus State Aid for Adult Education Totals. GREENE, JERSEY AND MACOUPIN COUNTIES REGIONAL OFFICE OF EDUCATION #40 COMBINING SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES EDUCATION FUND ACCOUNTS For the year