Local News

Park district gets excellent rating in annual audit

The Homewood-Flossmoor Park District got the highest audit rating for its 2015-16 fiscal year that ended April 30, 2016.

Scott Termine, of BKD CPAs and Advisors, told park commissioners that at the completion of the audit, the park district was given a  “clean or unmodified opinion. It’s the best you can get under the circumstances” that now shows the full pension liability.

Under new Governmental Accounting Standards Board rules, this year taxing bodies must show pension liabilities. The park district’s net pension liability is $2.8 million, Termine said. In . . .

Winter events

FRIDAY, DEC. 9

SATURDAY, DEC. 10

  • Nanny Nikki holiday music program at Flossmoor Public Library, 1000 Sterling Ave., at 11 a.m.
  • Miracle on Martin in downtown Homewood, 3 to 6 p.m.

 

 

Community Calendar

Sign up (free)

Subscribe to The Latest (daily headlines email)

* indicates required

View previous campaigns.

Free weekly newsletter

Subscribe to The Weeks (weekly newsletter)

* indicates required