Annual Audit and Single Audit Services

The Vendor is required to provide to audit its financial statements for the fiscal years ending December 31, 2025, 2026, and 2027.
- Provide current and prior year annual comprehensive financial reports (“ACFR”), management letters, budgets, treasurer reports, disbursement reports and other relevant information can be found on the village’s website.
- Audit the financial statements of the governmental activities, business-type activities and the aggregate remaining fund information, and the disclosures, which collectively comprise the basic financial statements of the Village as of and for the year ended December 31st .
- Conduct the audit in accordance with the Federal Single Audit Act of 1984 when considered necessary based on the Village’s federally funded grant expenses.
- Read the introductory and statistical information and consider whether a material inconsistency exists between the introductory and statistical information and the basic financial statements.
- Perform tests of the Village’s compliance with the provisions of applicable laws, regulations, contracts, and agreements.
- Obtain an understanding of the Village and its environment, including the system of internal control.
- Ongoing consultation on accounting, reporting, and internal control issues throughout the year as requested.

- Contract Period/Term: 3 years
- Questions/Inquires Deadline: October 13, 2025