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Auditors issue clean opinion for The Village; general fund holds $5 million unassigned
Summary
An auditor reported a clean opinion on The Village's 06/30/2025 financial statements, highlighted a $5,000,000 unassigned general fund balance (about 46% of general fund expenditures), and noted the city's debt payout schedule through 2049; no internal-control exceptions were reported.
An auditor reported a clean opinion on The Village's financial statements and said the city’s general fund ended the fiscal year in a strong cash position.
"So that's a clean opinion," said Speaker 1, an auditor, after summarizing the audit report. Speaker 1 told the group the audit provides reasonable assurance that the figures…
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