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Evanston board to seek clarifications from two forensic audit bidders amid $1M lost-interest hit from county
Summary
Trustees reviewed two forensic-audit bids with a large price gap and asked staff to clarify sample sizes and scope; the board also discussed about $1 million in foregone interest tied to Cook County tax software problems and will consider a resolution Jan. 26.
The Evanston CCSD 65 board on Jan. 12 discussed two bids for a proposed forensic financial audit and directed staff to seek clarifying details from both firms before choosing a vendor.
Board members said the two bids differ substantially in price and scope. One board member described the gap as roughly $75,000 versus $160,000 and noted that the higher-priced proposal (Crowe, as referenced in the memo) appeared to include deeper substantiation — including transaction tracing to bank records, vendor and payroll…
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