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Treasurer reports audit delay to Campton Hills Village Board, cites mapping issues and CPA shortage

2703578 · March 19, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Treasurer Timothy McPhillips told the Campton Hills Village Board the annual audit has been delayed because of earlier mapping issues in the village accounting software and a nationwide shortage of certified public accountants.

Campton Hills — Treasurer Timothy McPhillips told the village board the village's audit has been delayed and offered an explanation during the meeting.

“T I know some of you are asking about the audit. It has been severely delayed,” Treasurer Timothy McPhillips said. He told the board two primary reasons for the delay: mapping issues stemming from how the village's accounting software was set up about eight years ago and a broader shortage of certified public accountants nationwide.

McPhillips said he had distributed the month‑to‑date financial statements and invited board members to contact him with questions after the police report. He declined to link the delay to any specific policy action at the meeting and did not provide a new completion date for the audit.

Why it matters: a delayed audit can affect public transparency and timing for formal financial approvals. McPhillips asked trustees to direct questions to him and said he would be available to follow up after the meeting.

No formal finance actions or votes were recorded during the remarks.

Looking ahead: trustees were given the month‑to‑date financials and told they could follow up with the treasurer for more detail.