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Council accepts 2025 audit; auditor flags $1.79M in delinquent taxes and $753K fund balance drop
Summary
An auditor told the council Vernon—urrent fund assets are about $30.9 million, cash $11.3 million, delinquent property taxes roughly $1.79 million, and the general fund balance fell by $753,000 year-over-year; the council approved the annual audit (resolution 26208) and a corrective action plan (resolution 26209).
The Vernon Township Mayor and Council on June 8 accepted the 2025 annual audit and approved a corrective-action plan after an external auditor summarized year-end figures and internal-control recommendations.
"Your total assets is approximately $30.9 million," the auditor said during a remote presentation, and added that Vernon had approximately $11.3 million in cash and about $1.79 million in delinquent property taxes receivable as of December 31. The auditor also reported roughly $9 million in foreclosed properties and a year-end fund balance of about $6 million, a decrease of $753,000 from the previous year.
The auditor cited two repeated recommendations: improve segregation of duties where departments both collect receipts and issue permits, and reconcile the tax-title (tax lien) receivable between the tax collector and the treasurer, a discrepancy that stems from an earlier financial system conversion.
Council members moved, seconded and carried resolutions accepting the audit (Resolution 26208) and approving a corrective action plan (Resolution 26209) by roll call. The clerk recorded affirmative votes and both motions carried.
Town officials said the township—ollection rate was about 97% for the year, a slight improvement from the prior year, but they emphasized the need to review foreclosed-property holdings and delinquent tax collections to improve recurring revenue.
Next procedural steps include following the corrective-action recommendations and addressing the internal-control points the auditor raised; council members asked staff to return with any follow-up documentation required by state audit rules.
