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Auditor issues clean opinion on Village of Lake Bluff FY2025 financial statements

Finance Committee, Village of Lake Bluff Board · November 5, 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

Lead audit principal Martha Trotter told the finance committee Oct. 27 that auditors issued an unmodified (clean) opinion on the Village of Lake Bluff’s FY2025 financial statements.

Lead audit principal Martha Trotter presented the FY2025 audit to the Lake Bluff finance committee and reported a clean, unmodified opinion on the village’s financial statements for the fiscal year ended April 30, 2025.

Trotter said audit field work began in June and the firm issued the Annual Comprehensive Financial Report (ACFR), the board communication, the management letter and an IMRF allocation report. She said the required comptroller submission is pending final…

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