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La Grange board accepts Sikich audit; auditors note material weakness and two deficiencies

Village of La Grange Board of Trustees · March 24, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Sikich LLP presented the village'wide ACFR and a clean (unmodified) opinion for FY 2024'25; auditors also reported a GASB restatement, one material weakness, two significant deficiencies and one instance of noncompliance. The board voted unanimously to accept the report.

The Village of La Grange board reviewed the annual comprehensive financial report (ACFR) prepared by Sikich LLP for the fiscal year ending April 30, 2025, and voted unanimously to accept the audit.

Manager Knight introduced the audit presentation. Kellen O'Malley of Sikich summarized the ACFR, saying the firm issued an…

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