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Council accepts finance reports; auditor flagged $30,000 payroll accounting error that was corrected
Summary
Finance Director James Banks presented December and January reports and said auditors found a $30,000 overstatement in a payroll line item that was moved back to the general fund; council approved the finance reports and the mayor said the audit had no material findings.
Finance Director James Banks presented the December 2025 and January 2026 finance reports and said both balanced. Banks told council that auditors had noted the payroll "in and out" line item overstated payroll by $30,000; the amount was adjusted back to the general fund.
Council approved the two-month finance reports by roll call vote, 7–0. Mayor Bob Jarvis later told the council the audit was successful: “The audit was successful and we passed. There were no material findings,” and he said the auditors made six recommendations that the village has begun implementing.
Council members asked follow-up questions about individual accounts and about whether the village has hired a certified wastewater operator; Administrator Peter Them said he would interview candidates and report back. No formal budget changes were approved at the meeting.
