Riverwoods approves temporary accounting contract as finance department transitions

Trustees approved an agreement with accounting firm Lauterbach & Eamon for temporary accounting assistance as the village supplements its finance operations ahead of year-end. Director of Finance Vasquez told the board the firm proposed 50 hours of assistance for $10,000 to support audit preparation and year-end activity; the proposed staffer previously helped with the village’s 2024 audit work. Vasquez also said the village has accounts-payable help from MGT (formerly HRGov) and will work with an HR consultant to identify longer-term accounting needs. Trustee Jamerson pressed for clarity on pricing after observing the proposal is presented as a $10,000 flat amount for up to 50 hours (effectively $200 per hour) and asked whether the village would still pay the full $10,000 if fewer hours are delivered. Director Vasquez said he would clarify the contract language with the firm. Trustees then moved and passed the agreement; the motion carried on a roll call vote with Trustees Clayton, Eastman, Jamerson, Raff and Trevino voting aye. Vasquez also reported the finance budget workshop will likely move to November or early December because ongoing day‑to‑day operations are requiring additional staff time, and staff is working with the insurance broker on liability renewals.