Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Tinley Park audit: independent firm issues clean opinion; federal ARPA spending drove single-audit requirement
Summary
Sikich presented the Village of Tinley Park's fiscal year 2024 audit, reporting an unmodified opinion on financial statements and on the single-audit for federal programs. ARPA-funded lift station projects accounted for most federal expenditures; about $1.6 million in ARPA funds remained unspent as of April 30, 2024.
Nick Bava, a partner at Sikich, told the Tinley Park Committee of the Whole on March 4 that Sikich issued an unmodified opinion on the village's April 30, 2024, financial statements and an unmodified single-audit opinion for the village's major federal program.
An unmodified opinion indicates the auditor found the financial statements “free of material misstatement and fairly presented,” Bava said. He said…
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
