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Burr Ridge board accepts clean audit; approves estimated police-pension levy at $1.344 million
Summary
Trustees received the fiscal 2025 audit (unmodified opinion) and the police pension actuarial report, and adopted a resolution estimating a $1,344,080 levy for the police pension (5–0). The actuarial report showed about $25.1 million in plan assets and a funded ratio near 67%.
The Village of Burr Ridge board received the village’s fiscal 2025 audit and the police pension actuarial reports and unanimously adopted a resolution estimating the 2025 property tax levy to fund the police pension at $1,344,080.
McCabe Thorpe, audit manager with Lauterbach & Amen, told trustees the village’s comprehensive financial report earned an unmodified audit opinion for the year ended April 30, 2025, and congratulated staff for a clean audit and strong…
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