Audit: Park Ridge posts $1.3 million general-fund surplus, auditor gives clean opinion
Park Ridge's FY2025 audit found a $1.3 million general fund surplus and a clean, unmodified opinion from the independent auditor. Council members asked about property-tax timing and small revenue variances during a presentation by Lauterbach & Amen.
The full story
Don Shaw of Lauterbach & Amen told the Park Ridge City Council that the city's FY2025 annual comprehensive financial report received an independent "clean, unmodified opinion," the highest audit finding. The audit shows the city's general fund ended 2025 with a $1,300,000 surplus and about 8.5 months of fund balance.
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