Get email alerts on the Municipal Finance topic
No spam. Unsubscribe anytime.
Trustees question 5% increase language in Third Lake auditing contract
Summary
Trustees Mateja and Novak flagged a clause in Resolution R25-03-01 with a 5% "minimum" increase where they expected a cap; Mayor Buckley said he will follow up with the auditing firm. No vote on the resolution was recorded in the minutes.
Trustees Mateja and Novak raised concerns during review of Resolution R25-03-01, an agreement with Dam, Snell & Taveirne, Ltd. to provide auditing services, questioning contract language that referenced a 5% minimum increase rather than a 5% maximum. The trustees said the phrasing could obligate the village to annual increases; the minutes record the trustees requesting clarification.
Mayor Rodney Buckley said he would follow up with the firm and report back to the board. "Mayor Buckley will follow up on this," the minutes state. No formal motion or vote on the auditing contract appears in the March 3 minutes.
AI generated
The text on this page is AI generated. Summaries, highlights, analysis, and video transcripts are all produced from the original source material.
AI can make mistakes, so if you spot one, and we will fix it for everyone.
Note: the source content is unaltered by us. Any content source we link to, be it a video, an audio recording, or a document, is presented exactly as its publisher released it. That publisher is usually a government body, sometimes an individual official or another organisation.
