Illinois General Assembly - Full Text of Public Act 102-0025
Illinois General Assembly

Previous General Assemblies

Public Act 102-0025


 

Public Act 0025 102ND GENERAL ASSEMBLY

  
  
  

 


 
Public Act 102-0025
 
HB1934 EnrolledLRB102 05065 CMG 15084 b

    AN ACT concerning education.
 
    Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
 
    Section 5. The School Code is amended by changing Section
2-3.17a as follows:
 
    (105 ILCS 5/2-3.17a)  (from Ch. 122, par. 2-3.17a)
    Sec. 2-3.17a. Financial audits by Auditor General. The
Auditor General shall annually cause an audit to be made, as of
June 30th of each year, of the financial statements of all
accounts, funds and other moneys in the care, custody or
control of the regional superintendent of schools of each
educational service region in the State and of each
educational service center established under Section 2-3.62 of
this Code other than an educational service center serving a
school district in a city having a population exceeding
500,000. The audit shall be conducted in accordance with
Generally Accepted Governmental Auditing Standards and shall
include an examination of supporting books and records and a
representative sample of vouchers for distributions and
expenditures. A regional office of education or educational
service center may utilize a cash basis, modified cash basis,
or generally accepted accounting principles (GAAP) basis of
accounting to prepare the financial statements for the audit.
On February 15 of each year, the Auditor General shall notify
the Legislative Audit Commission in writing of the completion
or of the reasons for the noncompletion of each audit required
by this Section to be made as of the preceding June 30. An
audit report shall be prepared for each audit made pursuant to
this Section, and all such audit reports shall be kept on file
in the office of the Auditor General, published on the Auditor
General's website, and distributed in accordance with Section
3-14 of the Illinois State Auditing Act. Within 60 days after
each audit report required to be prepared under this Section
is completed, the Auditor General: (i) shall furnish a copy of
such audit report to each member of the General Assembly whose
legislative or representative district includes any part of
the educational service region served by the regional
superintendent of schools with respect to whose financial
statements that audit report was prepared or any part of the
area served by the educational service center that is the
subject of the audit; and (ii) shall publish in a newspaper
published in that educational service region or area served by
the educational service center that is the subject of the
audit a notice that the audit report has been prepared and is
available for inspection during regular business hours at the
office of the regional superintendent of schools of that
educational service region or at the administrative office of
the educational service center. Each audit shall be made in
such manner as to determine, and each audit report shall be
prepared in such manner as to state:
        (1) The balances on hand of all accounts, funds and
    other moneys in the care, custody or control of the
    regional superintendent of schools or educational service
    center at the beginning of the fiscal year being audited;
        (2) the amount of funds received during the fiscal
    year by source;
        (3) the amount of funds distributed or otherwise paid
    by the regional superintendent of schools or educational
    service center to each school treasurer in his or her
    educational service region or area, including the purpose
    of such distribution or payment and the fund or account
    from which such distribution or payment is made;
        (4) the amounts paid or otherwise disbursed by the
    regional superintendent of schools or educational service
    center -- other than the amounts distributed or paid by
    the regional superintendent of schools or educational
    service center to school treasurers as described in
    paragraph (3) above -- for all other purposes and
    expenditures, including the fund or account from which
    such payments or disbursements are made and the purpose
    thereof; and
        (5) the balances on hand of all accounts, funds and
    other moneys in the care, custody or control of the
    regional superintendent of schools or educational service
    center at the end of the fiscal year being audited.
    The Auditor General shall adopt rules and regulations
relative to the time and manner by which the regional
superintendent of schools or educational service center shall
present for inspection or make available to the Auditor
General, or to the agents designated by the Auditor General to
make an audit and prepare an audit report pursuant to this
Section, all financial statements, books, records, vouchers
for distributions and expenditures, and records of accounts,
funds and other moneys in the care, custody or control of the
regional superintendent of schools or educational service
center and required for purposes of making such audit and
preparing an audit and preparing an audit report. All rules
and regulations adopted by the State Board of Education under
this Section before the effective date of this amendatory Act
of the 92nd General Assembly shall continue in effect as the
rules and regulations of the Auditor General, until they are
modified or abolished by the Auditor General.
    The Auditor General shall require the regional
superintendent of schools of each educational service region
or administrator of each educational service center to
promptly implement all recommendations based on audit findings
resulting from a violation of law made in audits prepared
pursuant to this Section, unless the Auditor General, upon
review, determines, with regard to any such finding, that
implementation of the recommendation is not appropriate.
(Source: P.A. 92-544, eff. 6-12-02.)
 
    Section 99. Effective date. This Act takes effect upon
becoming law.

Effective Date: 6/25/2021