On April 13, Dave Maccoux of Schenck, S.C. presented the annual audit to the Village Board. To view the Village’s 2016 financial statements, click here. Mr. Maccoux reported that the Village continues to maintain a strong financial position, with no long-term debt obligations and healthy reserves for future capital expenditures. The Village’s total net position increased $85,763, or 1.2%, over the course of 2016 operations. The water utility had a stronger operating performance compared to 2015, largely due to decreased water costs after leak repairs. The 2016 audit was the first Village audit conducted by Schenck, S.C. after many years of the audit being prepared by Gordon J. Maier & Company.
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