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Brown Deer board accepts 2024 audit, notes rising fund balance and future policy discussion
Summary
The Brown Deer village board accepted the 2024 comprehensive financial report after staff said auditors issued an unmodified opinion. Officials noted a near-$9 million fund balance and signaled future policy discussion about using one-time reserves and TID 4 obligations.
The Brown Deer Village Board voted to accept the 2024 comprehensive financial report after staff said external auditors issued an unmodified opinion on the village's financial statements.
Derek, a village staff member who summarized the audit, told the board the audit produced "an unmodified opinion, which is the best you can do." He said the general fund showed a roughly $400,000 increase in 2024 and the village's fund balance is now approaching…
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