Posts Tagged ‘finances’
ROCKFORD, Ill. (AP) — An audit shows the Rockford School District’s $8.8 million deficit was the result of an accounting change and higher-than-anticipated salaries.
PEORIA, Ill. (AP) — The Peoria Civic Center has reported an annual loss nine times greater than it projected.
DIXON, Ill. (AP) — The Dixon City Council is expected to decide next week if they will hire a consultant to review financial controls in the northern Illinois city.
A recent audit into the finances of the Knox County Regional Office of Education turns up a finding it made the last time an audit was conducted.
The Illinois Auditor General’s Fiscal Year 2013 audit into the local R.O.E. finds that there are not sufficient internal financial controls in order to adhere with generally accepted accounting principles — especially as it relates to grant activity.
Executive Director Kevin Maynard told the Knox County Civic Center Authority Board yesterday for the first five months of the year, the theatre took an approximately $30,000 loss.