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Village of Arlington Heights receives clean audit for 2024; finance staff and pension funds highlighted
Summary
External auditors Sikich LLP presented the Village of Arlington Heights’ annual comprehensive financial report for the year ended Dec. 31, 2024, issuing an unmodified opinion and no material findings. The board voted to accept the report; trustees discussed GASB 101 accounting changes and pension funding levels during questions.
Sikich LLP presented the Village of Arlington Heights' audited financial statements for the fiscal year ended Dec. 31, 2024, to the Village Board on July 7 and issued an unmodified (clean) opinion on the financial statements and on compliance. The auditor also reported no material weaknesses or instances of noncompliance in internal controls and no findings in the single audit related to federal awards.
"We issued an unmodified opinion on the village's financial statements," said Lindsay Fish, principal at Sikich LLP. Fish told the board the firm also issued an unmodified opinion on compliance and identified no material weaknesses or significant…
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