Tag: village finances

Flossmoor’s mid-fiscal year review highlights short-term improvements, long-term concerns

Flossmoor’s finances are trending better than budgeted for the current fiscal year, but the village’s short-term savings come with some concerns about long-term sustainability. So says a fiscal year 2023 mid-year financial review delivered by Village Manager Bridget Wachtel on Monday, Feb. 20, to the Flossmoor Village Board. The village’s[Read More…]

Independent auditor gives Homewood finances good marks

Homewood trustees approved the village’s comprehensive annual financial report (CAFR) on Tuesday after presentations by Finance Director Dennis Bubenik and Matt Beran, a partner in the audit firm Lauterbach & Amen LLP. Beran said his firm gave the village an unmodified opinion. “That’s the highest opinion that we give,” he[Read More…]

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