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Lake County, IL
File #: 17-0670    Version: 1 Name: Report to Committee and presentation of the FY 2016 Audit for the Public Works Enterprise Fund.
Type: communication or report Status: Completed
File created: 6/1/2017 In control: Public Works and Transportation Committee
On agenda: Final action: 6/7/2017
Title: Presentation of the fiscal year (FY) 2016 audit for the Public Works Enterprise Fund.

Title

Presentation of the fiscal year (FY) 2016 audit for the Public Works Enterprise Fund.

 

Staff Summary

                     An annual audit of the Public Works Department’s Enterprise Fund is conducted as a separate audit from County Corporate Fund, with revenues and expenses audited relative to water and sewer activities.

                     Baker Tilly Virchow Krause, LLP was hired by the County to conduct the Public Works’ Enterprise audit and has prepared a financial statements’ report in addition to a Management’s Discussion and Analysis for years ending 2015 and 2016.

                     Audit highlights and a review of the FY 2016 financial statements will be provided by Ms. Jodi Dobson, CPA, Partner of Baker Tilly Virchow Krause, LLP.