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The committee reviewed the Fiscal Year 2025 Annual Comprehensive Financial Report and approved sending it to the Village Board in final form. The audit received a clean, unmodified opinion with no internal control findings or audit disagreements.
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Residents can take this as a sign that the Village’s 2025 financial statements were audited and found to be in good order. The committee also reviewed pension and retiree health costs, as well as newer accounting items tied to subscription-based IT arrangements, which can affect how long-term expenses appear on the books. The final comprehensive financial report will now go to the Village Board for consideration.
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