The Homewood Village Board approved the fiscal year audit for 2024-2025 at the Oct. 14 meeting.
The village hired Lauterbach & Amen to complete the annual audit, Homewood Finance Director Amy Zukowski said.
Based on the firm’s audit results, Homewood’s net position increased nearly 19%. About $2.5 million of unused funds was added to the village’s reserves, Zukowski said.
The village relies on reserves in order “to protect against internal and external factors that impede…
