Village receives ‘clean and unqualified’ rating

By on August 31, 2012

ELBURN—The village of Elburn received a “clean and unqualified” rating for the fiscal year ending April 30, 2012, from its auditors, Lauterbach and Amen. That rating is the highest rating assigned.

The village saw increases in its general fund of $170,184, and combined with other funds, totaled an increase of $339,069 in its total government fund balance. The operating funds saw an increase totaling $9,441.

“We felt we ended the fiscal year with a little more money in the fund than we thought. Kudos go to staff, as well as the board, for keeping an eye on the budget,” Village President Dave Anderson said. “The community has done very well by the decisions we have made.”