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Glencoe board hears auditors’ report, staff seeks approval of 2024 comprehensive financial report
Summary
Village staff presented the calendar-year 2024 annual comprehensive financial report and management letter, noting a clean audit opinion and a $528,000 net increase in the general fund; staff asked the Village Board to accept the report and complete required state filings, but the transcript does not record a final board vote on the audit.
Village of Glencoe finance staff on Monday presented the annual comprehensive financial report and management letter for the calendar year ending Dec. 30, 2024, and asked the Village Board to approve the report so required state filings could proceed.
Assistant Chief Financial Officer Margaret Schwartz introduced the audit presentation and told the board the auditors issued a “clean unmodified opinion,” the highest level of assurance an auditor can give. She…
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