Annual Audit Services

The vendor is required to provide the fiscal years ending June 30, 2025 to June 30, 2029 and, if required, a single audit.
- Annual audit to be completed and meetings with finance director, village manager and council, as necessary
- Single audit, if required
- The audit fieldwork would begin no later than September, with audited financial statements issued no later than December 15.
- The proposer is properly licensed in state for public practice as a certified public accountant
- The proposer meets the independence requirements of generally accepted auditing standards issued by the american institute of certified public accountants (AICPA) and meets the independence standards of government auditing standards as issued by the comptroller general of the country
- The proposer does not have a record of substandard audit work as obtained from references.
- Please disclose the controls your firm has in place to ensure quality standards have been met. also, disclose whether your firm is subject to an external quality control review process.
- Experience with municipal accounting, fund accounting, and governmental audits is required.
- The annual operational budget for the General Fund is $7.2 million and $9.2 million for the Public Safety Fund.
- Contract Period/Term: 5 years