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Palatine posts clean audit for 2024; general fund posts roughly $1 million surplus
5119685 · June 16, 2025
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Summary
Village staff presented the comprehensive annual financial report for year ended Dec. 31, 2024, noting an unmodified (clean) audit opinion, approximately $1 million general fund surplus, maintained four months of operating cash and a $2.5 million economic stabilization reserve.
Palatine officials on June 9 accepted the village's comprehensive annual financial report for the year ended Dec. 31, 2024, which the auditor issued with an unmodified (clean) opinion.
Mister Brown, presenting the audit prepared…
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