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Tinley Park audit gets clean opinion; auditors report no grant compliance findings
Summary
Sikich presented Tinley Park's fiscal year 2025 audit, issuing an unmodified (clean) opinion on the financial statements and reporting no instances of noncompliance in the single-audit testing of ARPA and other grant spending.
Nick Bob, a partner at Sikich, told the Tinley Park Committee of the Whole that Sikich issued an unmodified opinion on the village's financial statements as of April 30, 2025, meaning the firm found no material misstatement.
The audit also triggered a federal single audit because the village spent $2,400,000 in federal grant funds during the year, the auditor said. Sikich tested compliance for grants that exceeded the $750,000 federal threshold and reported no instances of noncompliance or…
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