Audit findings reveal late payments, poor internal controls at IL higher ed board

Audit findings reveal late payments, poor internal controls at IL higher ed board – Center Square

The latest report from the Legislative Audit Commission called for IBHE to have stronger internal controls, after the Office of the Auditor General found that the board made late voucher payments to schools 90 percent of the time in fiscal year 2023. The Legislative Audit Commission made 17 compliance recommendations, nine of which were repeat findings.

Audit findings reveal late payments, poor internal controls at IL higher ed board

(The Center Square) – The Illinois Board of Higher Education is facing questions from lawmakers about financial noncompliance and late payments to schools.