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 . . .

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Summer events

Saturday, July 2

  • Roots + Fire Water grand opening, 11 a.m. at 1941 Ridge Road in Homewood.

Monday, July 4

  • Flossmoor Volunteer Fire Department kids parade, starting at 10 a.m. at Parker Junior High, ending in downtown Flossmoor.
  • Homewood 4th of July parade, staring at 10 a.m. at the St. Joseph Catholic Church parking lot, 17951 Dixie Highway, south to Ridge Road, then east to Izaak Walton Nature Preserve, where there will be a community picnic.

Community Calendar