Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Village auditor gives unmodified opinion, financials show strong fund balances
Summary
Johnson Block reported an unmodified opinion on the village's 2024 financial statements and highlighted healthy fund balances, stronger interest income and planned capital spending for utilities.
The village received an unmodified audit opinion on its 2024 financial statements, and auditors said the village’s governmental and utility funds remain in healthy positions.
Kevin, an auditor with Johnson Block and Company, told the Village Board that the firm issued an unmodified independent auditor’s report and found the village followed generally accepted accounting principles. The audit package includes the financial statements, management discussion and analysis, and notes to the financial statements, he said.
The auditors reported a combined governmental fund balance of about $4.8…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
