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County finance committee says bank reconciliations must finish before FY24 audit can close

Iroquois County Board — Committee Meeting · January 8, 2026
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

Finance and audit discussion revealed that reconciliations for FY23 need correction and clearance of suspense entries before the FY24 audit can be completed; an outside provider is working with the treasurer on a target date of Jan. 20 for completion.

Committee members reported that the county cannot complete the FY24 audit until bank reconciliations and cash-account issues dating back to FY23 are resolved. "We can't move forward with the f y 24 audit until the bank reconciliations and the cash accounts are reconciled," a county official said, adding that activity…

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