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Finance committee accepts 2024 financial report with clean opinion and moves downtown TIF surplus distribution
Village of Palatine Village Council and Committees · February 22, 2026
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Summary
Palatine’s finance committee accepted the annual comprehensive financial report for 2024 with an unmodified (clean) audit opinion and advanced a plan to distribute downtown TIF surplus totaling $3.588 million (spring increment) to taxing bodies.
The Village of Palatine’s Finance & Budget committee accepted the annual comprehensive financial report for the year ended Dec. 31, 2024, which was prepared by Sikich CPA LLC. Finance staff (Mister Brown) said the village received an "unmodified" — or clean — audit opinion and reported a…
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