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Lake County, IL
File #: 25-1030    Version: 1 Name: Fiscal Year (FY) 2024 Schedule of Income and Expenses for the County’s Northwest, Northeast Central, and Southeast Sanitary Sewer Systems.
Type: presentation Status: Completed
File created: 8/5/2025 In control: Public Works and Transportation Committee
On agenda: Final action: 9/4/2025
Title: Presentation of the Fiscal Year (FY) 2024 Schedule of Income and Expenses for the County's Northwest, Northeast Central, and Southeast Sanitary Sewer Systems.
Attachments: 1. 25-1030 LCPW Northeast Central Wholesale Sewer System Regional Report 11-30-24, 2. 25-1030 LCPW Northwest Wholesale Sewer System Regional Report 11-30-24, 3. 25-1030 LCPW Southeast Wholesale Sewer System Regional Report 11-30-24

Title

Presentation of the Fiscal Year (FY) 2024 Schedule of Income and Expenses for the County’s Northwest, Northeast Central, and Southeast Sanitary Sewer Systems.

 

Staff Summary

                     An annual audit of the Public Works Department’s income and expenses was conducted by an independent auditor.

                     In addition to the annual audit, Baker Tilly US, LLP also prepared an Independent Auditor’s Report on the Supplementary Information for the County’s Northwest, Northeast Central, and Southeast Sanitary Sewer Systems for FY 2024 in relation to the Public Works financial statements as a whole.

                     The information was subjected to the auditing procedures applied in the audit of the Public Works financial statements and other additional procedures in accordance with generally accepted auditing standards.

                     Baker Tilly issued an opinion that the information for the year ended November 30, 2024, is fairly stated in all material respects in relation to the financial statements as a whole.

                     This audit report provides a review of the financial statements and is presented for informational purposes only; no committee or board action is required.

                     A copy of the respective regional audit report will be transmitted to the wholesale contract municipalities.