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Park Forest receives clean audit; auditors note Cook County tax delay slowed cash flow
Summary
Sikich presented Park Forest’s 2024/2025 annual comprehensive financial report Feb. 16, highlighting a 29th consecutive GFOA award and a cash-flow slowdown caused by Cook County’s late property-tax mailings; the board accepted the audit as part of the consent agenda.
Brian D. LeFevre, a CPA with Sikich, presented the Village of Park Forest’s 2024/2025 annual comprehensive financial report at the Board of Trustees meeting on Feb. 16, 2026. He highlighted that the Village earned the Government Finance Officers Association Distinguished Budget Presentation Award for the 29th consecutive year and that the Village published a 180-page Annual Comprehensive Financial Report and a 20-page Popular Annual Financial Report.
LeFevre told trustees that Cook County did not mail property tax bills on time in 2025, which caused a temporary slowdown in the Village’s cash flow. “This was not the fault of the Village, but Cook County,” LeFevre said, and he praised the Village’s finance staff for providing timely information during the audit process.
Village Manager Jon Kindseth and Mayor Joseph Woods thanked Assistant Finance Director Sharon Floyd and the Finance Department for their work compiling records and facilitating the audit. The board had received the audit and accompanying management reports in advance.
The Board approved the consent agenda — which included a motion to accept the 2024/2025 Audit Report — by roll call: five ayes, zero nays, and two absent. Mayor Woods described the audit presentation as evidence of fiscal responsibility and transparency.
