Comprehensive Annual Financial Report (Audit)
As a unit of local government, the Village is required to publish financial statements within 180 days of the close of the fiscal year ( April 30). In addition, the Village is required to have an annual audit performed by an independent Certified Public Accountant. The Village contracts with Lauterbach and Amen LLP to compile the Comprehensive Annual Financial Report (CAFR) and conduct the annual audit. The CAFR includes an opinion from the auditor along with a series of statements and information on the Village's financial position as of the close of the fiscal year.