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Woodridge board adopts 2025 audit, ratifies contracts and approves routine purchases and agreements
Summary
The Village Board approved the 2025 audited financial statements (clean opinion), ratified a Teamsters labor agreement, authorized new IT and permitting contracts, approved a liquor license for Chibi Ice Cafe, and accepted multiple other routine resolutions and purchases.
At its June 18 meeting the Woodridge Board of Trustees approved a package of routine administrative items and several notable financial and contracting actions, including adoption of the village's 2025 audited financial statements and a series of procurement and labor items.
Audit adoption and finance highlights: Assistant Finance Director Darren Clary presented the village's 2025 audited financial statements and noted general fund revenues of about $32.4 million (above budget), transfers to the water/sewer fund that included a $5.5 million one‑time transfer, and a positive change in the water/sewer fund driven in part by the transfers and loan forgiveness. Auditor Anne Scales reported an unmodified (clean) audit opinion and a single management letter comment regarding IT security awareness. The board adopted resolution 2026‑67 to approve the audited financial reports.
Resolutions and contracts: The board approved an omnibus motion adopting multiple consent items and separately approved the following actions: ordinance 2026‑49 adding a class E2 liquor license for Chibi Ice Cafe at Seven Bridges Ice Arena; resolution 2026‑68 ratifying a labor agreement with Teamsters Local 700 covering public works; resolution 2026‑69 authorizing a contract with Verdisoft for an OpenGov permitting and licensing system for Community Development; resolution 2026‑70 to purchase Microsoft Windows Server Data Center licensing from Sentinel Technologies; resolution 2026‑71 to purchase Neat conference room AV hardware from CDWG; and resolution 2026‑72 waiving competitive bidding to authorize an agreement with Monroe Truck Equipment for upfit of three Ford F‑550 dump trucks for Public Works. Each item was moved, seconded and approved by roll call; minutes record "Motion carries" for each vote.
First‑quarter 2026 financial update: Staff presented the Q1 2026 financial report (Jan–Mar). General fund revenues for the quarter were $7.5 million (an increase from 2025 of $184,000 and $120,000 above budget), driven largely by sales tax and utility tax receipts. General fund expenditures for Q1 were $5.5 million. The village reported total cash and investments of about $60.7 million with a weighted average interest rate near 3.95%.
What the record shows and what it doesn't: The audit is clean and was formally adopted; the transcript contains detailed year‑end figures as presented by staff. The record shows approval of multiple contracts and standard procurement actions, but the meeting minutes and the transcript do not include full per‑member vote tallies for each item beyond the clerk's roll‑call responses and the notation that motions carried.
Next steps: Contracts will be executed as authorized and staff will proceed with implementation and procurement tasks; the board recessed the regular meeting and reconvened an earlier study session.
