Executive Director's Report - Illinois Student Assistance Commission

ILLINOIS STUDENT ASSISTANCE COMMISSION
FISCAL YEAR 2004 APPROPRIATION REPORT
ADMINISTRATION
(July 1, 2003 - August 31, 2003)
Line Item
STATE GENERAL FUNDS STUDENT LOAN OPERATING FUND T O T A L
Year-to-date
Expended
%
Expended
FY2004
Appropriation
Year-to-date
Expended % Expended
FY2004
Appropriation
FY2004
Appropriation
Year-to-date
Expended
%
Expended
Personal Services $2,602,800 $501,235 19.3% $13,887,700 $1,850,920 13.3% $16,490,500 $2,352,156 14.3%
Employee Retirement Paid by State 104,100 20,055 19.3% 555,600 73,665 13.3% 659,700 93,720 14.2%
Retirement 261,600 67,381 25.8% 1,456,400 248,589 17.1% 1,718,000 315,970 18.4%
Social Security 199,100 37,026 18.6% 1,062,500 134,503 12.7% 1,261,600 171,529 13.6%
Group Insurance N/A N/A N/A 2,626,000 424,696 16.2% 2,626,000 424,696 16.2%
Contractual Services 2,013,000 54,967 2.7% 11,742,000 728,286 6.2% 13,755,000 783,253 5.7%
Contractual - Collection Agency Fees N/A N/A N/A 24,000,000 0 0.0% 24,000,000 0 0.0%
Travel 26,400 0 0.0% 191,000 11,214 5.9% 217,400 11,214 5.2%
Commodities 32,800 596 1.8% 234,700 12,448 5.3% 267,500 13,043 4.9%
Printing 100,000 1,656 1.7% 558,000 35 0.0% 658,000 1,691 0.3%
Equipment 10,000 0 0.0% 540,000 143 0.0% 550,000 143 0.0%
Telecommunications 110,500 0 0.0% 1,733,500 12,636 0.7% 1,844,000 12,636 0.7%
Operation of Auto Equipment 5,500 0 0.0% 32,400 5,120 15.8% 37,900 5,120 13.5%
TOTAL $5,465,800 $682,915 12.5% $58,619,800 $3,502,255 6.0% $64,085,600 $4,185,170 6.5%