State of Illinois
90th General Assembly
Legislation

   [ Search ]   [ Legislation ]   [ Bill Summary ]
[ Home ]   [ Back ]   [ Bottom ]


[ Engrossed ][ Enrolled ][ Re-enrolled ]
[ House Amendment 001 ][ House Amendment 002 ][ House Amendment 003 ]
[ House Amendment 004 ]

90_SB1599

      105 ILCS 5/2-3.17a        from Ch. 122, par. 2-3.17a
          Amends the School Code.   Requires  the  State  Board  of
      Education  to  annually  cause  an  audit  to  be made of the
      financial statements of all accounts, funds,  and  moneys  of
      all  educational  service  centers  (other  than  those of an
      educational service center serving a school district  located
      in Chicago) in the same manner as such audits are made of the
      financial  statements  of  the accounts, funds, and moneys in
      the care, custody, or control  of  regional  superintendents.
      Effective immediately.
                                                     LRB9010085THpk
                                               LRB9010085THpk
 1        AN  ACT  to  amend  the  School  Code by changing Section
 2    2-3.17a.
 3        Be it enacted by the People of  the  State  of  Illinois,
 4    represented in the General Assembly:
 5        Section  5.   The  School  Code  is  amended  by changing
 6    Section 2-3.17a as follows:
 7        (105 ILCS 5/2-3.17a) (from Ch. 122, par. 2-3.17a)
 8        Sec. 2-3.17a.  Financial  audits.   The  State  Board  of
 9    Education  shall  annually  cause  an audit to be made, as of
10    June 30, 1986 and as of June 30th of each year thereafter, of
11    the financial statements of all  accounts,  funds  and  other
12    moneys  in  the  care,  custody  or  control  of the regional
13    superintendent of schools of each educational service  region
14    in   the   State  and  of  each  educational  service  center
15    established under Section 2-3.62 of this Act  other  than  an
16    educational  service  center  serving  a school district in a
17    city having a population exceeding 500,000. The  audit  shall
18    be   conducted   in   accordance   with   Generally  Accepted
19    Governmental  Auditing  Standards  and   shall   include   an
20    examination   of   supporting   books   and   records  and  a
21    representative  sample  of  vouchers  for  distributions  and
22    expenditures. On February 15, 1991, and  on  February  15  of
23    each  year  thereafter,  the  State  Board of Education shall
24    notify the Legislative Audit Commission  in  writing  of  the
25    completion  or  of  the reasons for the noncompletion of each
26    audit required by this Section to be made as of the preceding
27    June 30. An audit report shall be  prepared  for  each  audit
28    made  pursuant  to  this  Section, and all such audit reports
29    shall be kept on file in the office of  the  State  Board  of
30    Education. Within 60 days after each audit report required to
31    be  prepared under this Section is completed, the State Board
                            -2-                LRB9010085THpk
 1    of Education: (i) shall furnish a copy of such  audit  report
 2    to  each  member of the General Assembly whose legislative or
 3    representative district includes any part of the  educational
 4    service  region  served  by  the  regional  superintendent of
 5    schools with respect to whose financial statements that audit
 6    report was prepared or any part of the  area  served  by  the
 7    educational  service center that is the subject of the audit;
 8    and (ii) shall publish  in  a  newspaper  published  in  that
 9    educational  service region or area served by the educational
10    service center that is the subject of the audit a notice that
11    the audit report has  been  prepared  and  is  available  for
12    inspection during regular business hours at the office of the
13    regional   superintendent  of  schools  of  that  educational
14    service  region  or  at  the  administrative  office  of  the
15    educational service center. Each audit shall be made in  such
16    manner  as  to  determine,  and  each  audit  report shall be
17    prepared in such manner as to state:
18        (a)  The balances on hand  of  all  accounts,  funds  and
19    other  moneys in the care, custody or control of the regional
20    superintendent of schools or educational  service  center  at
21    the beginning of the fiscal year being audited;
22        (b)  the  amount of funds received during the fiscal year
23    by source;
24        (c)  the amount of funds distributed or otherwise paid by
25    the regional superintendent of schools or educational service
26    center to each school treasurer in  his  or  her  educational
27    service  region  or  area,  including  the  purpose  of  such
28    distribution  or  payment  and the fund or account from which
29    such distribution or payment is made;
30        (d)  the amounts  paid  or  otherwise  disbursed  by  the
31    regional  superintendent  of  schools  or educational service
32    center -- other than the amounts distributed or paid  by  the
33    regional  superintendent  of  schools  or educational service
34    center to school treasurers as  described  in  paragraph  (c)
                            -3-                LRB9010085THpk
 1    above  --  for all other purposes and expenditures, including
 2    the fund or account from which such payments or disbursements
 3    are made and the purpose thereof; and
 4        (e)  the balances on hand  of  all  accounts,  funds  and
 5    other  moneys in the care, custody or control of the regional
 6    superintendent of schools or educational  service  center  at
 7    the end of the fiscal year being audited.
 8        The  State  Board  of  Education  shall  adopt  rules and
 9    regulations relative to the time  and  manner  by  which  the
10    regional  superintendent  of  schools  or educational service
11    center shall present for inspection or make available to  the
12    State Board of Education, or to the agents designated by such
13    Board  to  make an audit and prepare an audit report pursuant
14    to this Section, all financial  statements,  books,  records,
15    vouchers  for  distributions and expenditures, and records of
16    accounts, funds and other moneys  in  the  care,  custody  or
17    control   of   the  regional  superintendent  of  schools  or
18    educational service  center  and  required  for  purposes  of
19    making  such  audit  and  preparing an audit and preparing an
20    audit report.
21        (f)  The State  Board  of  Education  shall  require  the
22    regional   superintendent  of  schools  of  each  educational
23    service region or administrator of each  educational  service
24    center  to  promptly  implement  all recommendations based on
25    audit findings resulting from a  violation  of  law  made  in
26    audits  prepared  pursuant  to this Section, unless the State
27    Board of Education, upon review, determines, with  regard  to
28    any  such  finding, that implementation of the recommendation
29    is not appropriate.
30    (Source: P.A. 85-1389; 86-1332.)
31        Section 99.  Effective date.  This Act takes effect  upon
32    becoming law.

[ Top ]