WISCONSIN LEGISLATIVE AUDIT BUREAU
AUDIT SUMMARY
Report 02-23
Report 02-24
December 2002
WISCONSIN EDUCATIONAL COMMUNICATIONS BOARD
RADIO AND TELEVISION NETWORKS
We have completed financial audits of the Wisconsin Educational Communications Board Radio Network and Television Network for the fiscal year ended June 30, 2002, and have issued unqualified independent auditor’s reports on their financial statements and notes. We performed the audits at the request of the Educational Communications Board to fulfill audit requirements of the Corporation for Public Broadcasting. The Corporation requires audited financial statements of public broadcasting entities to determine future funding levels. In conjunction with these audits, we also audited the Wisconsin Public Broadcasting Foundation, Inc., which was organized by the Educational Communications Board for the exclusive purpose of raising funds for the Wisconsin educational radio and television networks.
The Educational Communications Board, which is an agency of the State of Wisconsin, operates a television network of 5 stations, as well as a radio network of 12 FM stations and 1 AM station. The radio network received****