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South Barrington accepts audited financial report and approves nearly $230,000 in warrants
Summary
The Village Board accepted the Annual Audited Financial Report and Management Letter for the fiscal year ending April 30, 2022, and approved two warrant runs totaling $229,995.36 during its Sept. 8 meeting.
On Sept. 8 the South Barrington Village Board accepted and placed on file the Annual Audited Financial Report and Management Letter for the fiscal year ending April 30, 2022, following a motion from the Finance Committee. Trustee Joseph Abbate moved to accept the audited report and Trustee Stephen Guranovich seconded; the motion passed on a recorded roll call with five ayes and one absence.
The board also approved two warrant runs during the meeting: Warrant Run #1 for $71,935.98 and Warrant Run #2 for $158,059.38, for a combined total of $229,995.36. Those motions were made and seconded by trustees and carried by roll call votes recorded as five ayes and one absence.
Minutes indicate the board accepted the Detailed Balance Sheet and Statement of Revenues and Expenditures as of Aug. 31, 2022, but do not provide line-item detail in the meeting minutes. The board placed the audited financial report on file with the village clerk for the record.
