HomeMy WebLinkAbout8.1 Motion to approve the Auditing Services Agreement with Sikich LLP for a five-year period from 2026 to 2030Subject
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Item Cover Page
Motion to approve the Auditing Services Agreement with Sikich
LLP for a five-year period from 2026 to 2030
September 1, 2026 - REGULAR MEETING OF THE MOUNT
PROSPECT VILLAGE BOARD
Y
$342)735
General Fund
NEW BUSINESS
Action Item
rotatesThe Village auditors The current auditors, Lauterbach &
Amen audited the Village's financials from 2020 to 2025. The Village issued a Request for
Proposals (RFP) for external auditing services in May 2026 for a five-year engagement
covering fiscal years 2026 through 2030. The Village received two proposals: one from the
Village's auditor, Lauterbach Amen, • and one from Sikich •
Discussion
The Audit Committee met on August 20, 2026, to review the proposals and interview
representatives from both firms. Both firms were found to be highly qualified and capable of
providing quality audit services to the Village.
Lauterbach & Amen submitted the lower -cost proposal, totaling $247, 100 over the five-year
period, compared to Sikich's proposal of $342,735. However, Lauterbach & Amen has served
as the Village's external auditor for the past six years.
The Village has historically rotated its external auditors as a matter of good governance,
although no formal policy currently requires auditor rotation. The Audit Committee believes
that periodically engaging a new audit firm provides a fresh and independent perspective,
promotes auditor independence, strengthens accountability and public confidence, and may
identify opportunities for improvement in the Village's financial reporting and internal control
processes.
Following its review and interviews, the Audit Committee unanimously recommended selecting
Sikich LLP for the five-year audit engagement. Village staff also concurs with the Audit
Committee's recommendation. Please refer to the full recommendation document from the
Audit Committee attached herewith.
Alternatives
1. Approve the Auditing Services Agreement with SIkich LLP for a five-year period from
2026 to 2030.
2. Action at the discretion of the Village Board.
Staff Recommendation
Staff recommends approval of the Auditing Services Agreement with SIkich LLP for a five-year
period from 2026 to 2030.
Attachments
1. Sikich Audit RFP
2. Audit Committee Recommendation
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Mr. Arnit, Thakkar
Finance Director
Village, of Mount Priospeol,
50 South, Emerson street
,
Mount Prospect, 1L 600516
S
I a,s Indepenclent auditors for the V'Ill �agle of Mount, ilk"ich is, pleased to be conside, reld for the appointment,
Prospect (thy Vi III aig e),'Wek believe,. that OLir qUall1fications, experlience and expertisle are clearly d1'1s,t11n�gL1jShr,,,1,b,le
as indicated, ll win Ipropos,a]. The expertilse we posses� in'thie state and local government indwstry Is
demonstrated by our oar staff' s involvernent In'the indUstry and out leadier0ilp roles in
va rigovernmociatic)n,. Our c1l"ents, receive the quality and, timeliness only available �frolm a oon,,ipan ous en't ass s,
of our cal'iber.
'We have received the ReqUest 'for Proposal and are preparied'itio corminift the, teS0Urces neciesi-sary to prov ide
servicesto, will niot only perfoii-m th� udit, bUt we will, also provide goverritT)ental accOfflfinq
anid fin,,at)cilt,eploirt'liliq expertise and technical assistanicle year .'We undlerstand the scope of
the work, to be performed,, zamd thie timing requirements as, specified in the, ReqUest for Propocsal and are
Itted to performing the,.3,peo rt
comm Jfied services wlth]n that timeflil tie.
we
zal which 's, a., f irrn and irrevocable otter �f'or 120, days and appreiciiate the opportunity,to, present this, prpos i o
Ill , forwardtoth� ibility of serving ttie'Village of'Mounit Prospect.
md,
Mart h,a'Trotter, CPA A nt, h o ny C etry ini, C P A, C F E
Principal Principal
( 6105
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uta've su.
Your Mich team's priority is to sitren�gthen the Village of Mount Prospoct through our
partnorship., We'111 achlie'vei this by C o b ning ou
v�o ",t,erm success, as, yolu dof inoit.
expertiso and tho, latost tools and 'technology to alchio nq lo
Understanding your current chaallenges
We, understat')(AtiHat u are looking to Partner with ia cvnpanyi -thI will keep, UP with the eve',,, r-changing
standards of the Governmental AcciotimflnStandards Roard. Wo have dieca des, ollf experience serdin g the
local government inclustry and look forwarld to the opportunity to partnier, Iwit1i you to, help met y 0 L! r' lo bj e c t'i s,
,and to drive yo 'zaflon florward. ur organ I
Det"IM
gI'll.,yOuTRA'Ure st,iccess,
Your success, Is ration, is, at the, core of'oL zerve as, your
owri sivccess, and collabo jr, work. Our priortty 11's to s
trusted advisor and provido aid'vice and SUpporttug your iiccourl)ting f uncition. T'hie striategies w(,.)
outline in this, proposal are, uniq'Qely crafted, for you, as we belleve they will produce mearlingful esults, and,
po�Jflion your orgatilgat ibn 'for SUCCO-1518.,
(",",wt,to'know us
Slklcilrh is a t Accouin'ti rig firms aocoriding to Inside PublicAcco, unting and a, top 10 valUe-
, op3OCer't'f'edPUb1'ic
ad'ded reseller of technollogy prodti),cIts, by, Bob Scott's lnstght,'Top0 VARs List. Our success, lias be('�)m
achievedthrough� jour cloal'ity service for clients arid otir Inv estmetitsire our team .,
By I ri ltllzit IIalent and supplying thern with 1"rinovative teohnology,, your team, will be, ii-III atid
o r,. Yo�ur �am,
enga,ig, ent tearTli IS, cot'npr1sed of sellior-level
i nf o rmm e id a bi 0 U t �t h e c h a I I e rli g (as, yo MI no o,, nte
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government experts, that, will stop, at nothing to exceed expectatiion�',s% and help y,ovr organization succeed,
O'Ur e ofservices, is, olt Alined'in'this proposal. In adidition to, trhesie services, we're, committedti(') al
e
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chrio I )gy'to d rive
Sikich combines, deep industry k,nledge,, diedicated clientservice and CLItting-Odge te�,
nt
results for OUr clies. Ourtlean) ohan f miore t2,500 experts -I- is
clientc;,; globally and across all 5,0
states — offer8 ar111111r111olf profeFosional services, to supportiany need, We, look forwartO Uncovering solutions
to your challenges, and supplorting the liastin gsuv,;e, olfthe'Viflage.
Proposal foi- tho,'Villagea of Mount Prospect 4
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'We Ilike solvIng complex problems. More importanitly, we bask, in tho abifity to hol'
p our co,ents
thriveli.
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When your suicice-ssi depe,,nift, on working with a qual"ified and cleclicate d team, a trost akich. YOUr 'team
Is Icompletely cledicated to seriving the local goverrimont lindustry,, ens,,tiritig'ghat, we understand you'r
challenges and what, Ittakosto realize Village will reoe'lve unparallelled levels, of expertise,
i i I
lnsjqhts, and responsivet)ess fr�om aa team ofsenior protiessionals who hiI extiensive experience working with
local gover�'Ionetit et)'Otless,
Wie key iery, of I° Ito recrUft the best, and retain quality, staff. We have, I narned as a Best Place to,
Work by Craln's, Chiciago, Business for s, everal years, atid hasibeen, certified as a,,201,25 Greaxt Place to Work," in
both the U.S., ar"id1n,(J,ia, marking ff-�iefffth consecutive, year 'the GOMP,any f'ias; eart'ieicl this� acciolade nationially
ar'I the second year it"s, been awarded globally. The Village will be-tiefit If rom o I employee, retentlion by
red u celd transition't'l me betwee. n y(.,)a,,r afte, r year,,, sa,vi n g I. you money and time.
A, SENIOR MANAGER -SING
GINII.KingNIP LE,AUDIT
As
Gina will b I -all the, single aticlit eiigaagerrtent mx')�na ger le respions"ble for the oveii
mt of It &-e ati j,des
m zi, n a g e m, c esting in a000rdanice wilth the Uniform Guldiao,(.I dlt,'Thisinck
,audt pari, he tt)-(Jepithr � eview, ofall workpaipe,, rs,,
delvelo, ping and coordinatingthe o verall lI
"l
and the, review of the Village'ssirigle, aodt#
Afleilill CPA AUDIT SENIOR MANAGER
ie secondary point Of
it Lauren will work i drectly alongside, the erigage, mie, til principal as thI
V1111a,ge., LaurerIi will be r nce �t e�,,,rri aind
contactfor the I esponsible tor leading the assura
c %oordiriatirig all asstuirame eftorts.
k Mwa,na Bec, AUIDIT MANAGER
As corilitac -ig, relatedto the, the aLid"t managej, Niwania will be anottlij e i tforanythill
SLICCOSSful audit of yo(ir org ainizalfloiti,,
Proposal for tho'Vfllf lvlotir,vt Prospecit
in Savio, CPA, MAS QUALITY CONTROL PRINCIPAL
411"
The quality control prilnolpal will provide a second review of the a,
Wit workpapers, and the
M,� d rep r, Village's annual compre,li,ensive �f ir i-ancla 0 t#
ervij"ill CPA, CF'E RESOURCE PRINCIPAL,
Anthony M,. C
4"A
thiony, wild be avai lab lei to, the engag ement tea m and sserve as a, n add itional reso,u rice f or
Al A n the Village.
01. ssional starl"
Other'prolfession al staff 11gne d to the engagerrilenit will, blefull -tiara employees of the company, In aiddition,
all prof to golvernmen't engagements, mesh C PE re quiremeeats con,tained in the, U.S.
Government A000untabll[ty Offlice, Govornmen't ALliditing Standards (2018/2()l,24)., Morielover,our government
staff possess a specific knowle-dge of loical governilt accounting and replorting requirements and their
application r local glovernments,'This, ihl e Iby, attendling of lea,st 40, ftliiirls per y1ear of a oombiniat'lon of
externaland internal oourses.
P'i,is, ena,bles our loompany to staff our governrililental engagealients wfith, cloalified professlonats in the Industry,
p Iding valuable services-, to our golverritnental clienits during the audit and, throt.igho(it the year,, We oan
rovi I
assure youthea, t our professionalsitaft would not need any "'on the'lob, accounting! or financial reporting
training"" by, your, stiatf. Moreoveil",wel canzi,5sure the Vlolle, the quality of staffing for a, multi -year
engaglement.
Stiatiernient" ]i rklk.)pendence
Sikich has, avaluatedit5,li frotm the'Vi'llagein accoridance w[th gen erl;afly aUdifing
stari,da, rds, the C;Yoveirriiiititial,Aud'ti'n,g Stiandarlds, 20118 revision, ptikiliszhed by the U.S. GeneralACCOLind
ng
ny
Office, and the AICPA Code, of Gonduot. upon OUr evalUation, Slk2ch is tree o, f a
personal a,nid external Impairment with respect to the Village and with riespect-to, any non-
ca,ttest services provided to the Village, both in fact;-,",, d In, appearance to any knowledgel; blie thlt-d party.
1 if
",ilcense to Practice
In'11111no's (ficiense #066.0055,28) I I
Sikk,111) CPA UCis a, I'loensedl Public Accou,ntatit L,limilited Iiii.lability Campany
All
irtif "led Public Ac (CPAs) 4') Illinol' the, prinicipals assignedi to thil.5, (�naa; g" emletl)t �11,e licensed,'Ce I COL11lit%
� �foir the'Village ol'Mouillit Prospect
�010, Proposal
MIMI
What !,,; it, like to, work, with our team'? Ask our® clients-..
Op ien and one finies of
Full-service and serIvicie-'11'echnicial knowledge;
communication
oriented and funiclional explerfise
Professional
Friendly, comfortable ThorOUgf,11, fOCUSed
Easy to communlic ate wlth,e-iasy to
Local; loc,,:atfon, 'is, key Continuity of the team;
work, with
is Tru,,,,itworthy they know, us
RellzWe and dependable
Helpful
I,f yo u I re ra,dy to d efine yo u r fuitu re suoloesswith
I
the help of Su kic hr ask ou r ref eren oes about these, q, U 81RI es,
thoo,it set Sikir-L'The following i's a list of engagements prevlosly performed, sim'14r to the eng,agement
prfor the Village.
.
. ..........
. . . ............... . . ..... . . .......................
Melissa Gallagher
Fihance,Director
V1,11age of Arlington Heights*
(8471), 368-5,51101
33 South Arlington Heighm Road,
rngallagher®Rvah.com,
Arl'ingto,r) Helghts, IL 600,015
R,elevance to engiagomtent: Die(,%,ember 31 FYE, 1360-0
hOUrs, audit client for 5�1+,,years
Rosmary MD'Adams
FlInaince Director,
Villiage of River Forest*
(7018),366-18500
400 Park Averwe
rrnca1dams,@vrf.us,
River Forest, IL 6,03106
1
Relevance to engagemeApril 30 PYE, Ihours
audit, client 'for 5 years,
Brian, SmIth
Village of Whoefing*
D'r
1 -ector of Rnat')ce
(847) 499-9020
2 Gornmunfty f3ou le, vard
b,,snilt"hC6)wheel'['ngli.g�olv
Wheeling,, IL 6,0090
Relevance to engagement: Decernber 31 FYE, 250
I)Msrs, audit, client for ,10+ years,
Th(-,)�e glovernments participate, in GFOA's Certificate for E- cellence in Financial
Reportinig Program.
Proposal, for the Village of MOLIn't Prospect 7
S I C 1-1. C 0 M
U,.r c,, ........... .......... et, se�
il Ph
C(AlaIx)riation "is a two-way street.
We work closet with you fromthe start. Frorn setting 'Y Client ice Cycle
expectations to, execating the plan and preparing for next
01
year, , comma nicaltion,and loollabloration are always front
Identify
01?
7
Initiate
Our approach starts with obtaini11 Un,derstandingg of' 02
your expectiations and your, operational and strati iglic
objet',.-tives. We wlill die4fl� In -oach to exceed �your ou,r appil 06
Fil
�
expe�ctations,,., j Evalikigte 013
. .. .. . ..... . 1 ...... . .. .. . . ..... .. . ........... . ... .
en,ou. . . . ..
Our experience to insure yr engagement 1. III
Develop
taillored to the risks, Inherent In your, organization and the
.... ... .. . . .... .. .. ..... . ......... ............ . .... . .... .
envirionment inwhilloh,you operate,,, with eyes on 4 '111 P i o vide .... . .. ...... I i " "' s i g I " t .... . ........ 04
. ......... ...... . .. . .. ... . . ... . . ... .. ...
. . ... ............... ...
id'ent'lifying financial and opera, tilorial la) provernents, 1,-> Execlutie,
Cori i-nunlicationis, key to coll4boration,* wII Iwill seekto
avoid an Iswrprlses and keep you, appraised of prolgress and any fir lIll,irli on timely basis.
OUr a,Lldilppr,
ch
At thie core ofiour bussine,�ss, welhave been; and always " ' 11 be an organization wilth afocused aUdit
met hod,ology s,o, pported by a robust technology platforrm'We"re proud to boast the latliest technological
resiources, world-clas-is, SLid),Ject-rnatiter experts, and soughti-after cirIII dentials, to stippiorlt, youir auldit telami.,
Measure twice, and out orx,.,-e, 'Siotin(i planning at, the front,l�end of the engagies'nen't, all oms 0, or team 'to plan a nd
Create (.f 1Ienlcje s that benefit you., OL11" M1,11ti-faceted apro aoh will begin, prior tO YOUr year-end with (;ertain
preliminlary and ll nnin Iprocedurios, su(,1.k.111i as internal (,,,ontrols assessi-nent and teStS Of"
controls and audit iconclisslul,oiiI of our Planning of' orv,.,,. will be the developmeintof det',ailed
a, (11d it p roig rams', for al I sig nif licant e I em ents, oft he fain rlroiall sta,,tern eo nts, as we] I as sig nificant, Co m P I laTic e.
matter's,. Our dietalled audift prograri,isii will Imdudie procedures designed to obtain rnaximit.,m), audit efficiencies.
The second phase,, oit,iiir anifive fieldwork, �will be performed after year-end on a schedLflei that Is flexible to
your net ndrepiorting requirements.
Audit Plan development
I. termination ofmaterialit
y
ALidi't r'isk, evaluation
I tot," detailed docunientation of thleinternaff], control
Interviews Mth mianagei"nent"to pir 1 1
strUcture
assess risks thiat may' restiltin rnaterial
Interiviews and analysis Of 811idit eviderx,,,e toidenIlflify and'
misistiaterneot due to frauld
Measurement of accounting c,*mplJarire re I I 'I I po riting by id entif ying a, nd toot sin g. on, area's
s itive'to orga,,Nzaitions like., the Village of Mount Prospect
ensi 1 1
Perfortinanoe oftesting to evaluzixte, your organization"s internal control strLlCture
Corlitirm do Iof rius ac=unts, ertorrr ant lot sub8tantive testing and analytical procedures
Proposal for the. VilltlM011m, Pit,,ospipct
r
WHIMMM
Audit standards
'T'he objective ofour aLiclit is liSSUe an; uni-Inodified, opirillon on the Village t's governmental activit'lies, business -
activities,, ea, ch major fiiiind and gr the ag mprise the
egate renialn'Ing fUndinformatilon that collectively I
inn gill e',�icordance with generially accepted
'ags bisic f ill staternents. The aLjdIt: will condLIcted iri, ac
aucilfing, stiandards as set forth by the American'Insfituite of'Cerfifled Public Accountants,,, and� if' rieces%isgar y,,
genorall y accepted governaient audilting standards'l, ssued, by the United States Grnmn't Accowntabifilty
Office (GA0, 2018/2024), he Single,AUdItAct , of 199168irid the Uniform Guidance, We will issue an oplinloin on
the Ibasic financial statements and will subject the corribining aand in ividual fund financial arid
scheclules, arid a,tiy information'tothe, auditing procedu ress applied lr), owr audit of the
financia, I statements and certain additional procedUres, 'in rcludink comparing and reconoiling SLIch inforrnzitilor"i
Oreotly to the undierlying account"Inganod other re',corlds u1sed 'to preparethe financial sti emeflt$ or to the
and other addifl,onal procedUres, in accord arlc,,�e with auditing standards
financial statern o- nts thetm,';eIves,
gerierafly acc n o I I I
,ep��te�d'in-tllie�U�n'l'ted,S,ta�t�les,of',Aimericaa,,,ndwillprovidi(-)a,t�lliolp'i'�iiio �
s, taternents, as a, whole.
In addition, we will apply certzlain 11mited proceduresto the, Required Supplementary Informtaxtion, These
limited procedures will consist ofmanagernent, inquiries ragarding the metholdsi of preplaring the 'Information
and compar,ing the, information for consistency with rnanagement',s, riesponses, to, ourinclu4nes, the basic
financial statements,, and other knowk.,,)d1ge we obtained during our, audit, of the basic finaricilal stateme, Ms. We
will not express an opinion� or provide any asSUriance oil the, information because 'the 110ted, prociedures do [lot
fro v w Ith sufficlent evidenco to express� an opinion o,r provl,de any as's
, 'id e us , urance.
W `11 not a,ud"t the Introductory or stat"Is, bical �of the annual c I I
wil I I ,lornprehensive finiancial r�eport ailld
e
accordingly, will riot express an opirfion on the ire' formation con'tainedire these s
Wherever possibliel, we will utilize your o ol max''I'Milze efficiencies tarild contain audit cosits,,, 'We, request
that, Ihe VJ I lag e provi d e us with t he bas ic info rmation roqi.,ii red -f 'roar au dit"
Practical and letter
We befieve the managernent letter is an importz ),nt part of terg merit, and we enCOU'rage all membenog of
our engagemien't team to givie thiOUg.htful c.,onsideration toward developing constructive comrt) e, nts within the
co
t n�s;tra,'Irits of the overall engagem, ent. Our piolicies regiarding, man a glernen, letter,,, d1liere, to the, I)rofessional
Standard,s, of the,AI,CP�A. If Bali gnificant ef it i n ie, s, and matio:,.rial weakne,5,ses, in internal c�ontrols are notled
clurling, thie audit, they ttive required tio be- communicated'in wrIt'ing to those chiarged with goverriance, Items, o'
an irnmaterial nature (ie,,l ri ll problems,,, minior procedures or replorting problem% etc,) are, communicated
'to, manag, et'nent. In both cases, wo, adhore to a, strict company piolicy that all c cxtiorli,s,
ommients aridl recommende
are discussedlin Iprelirninary form with apt)ropriaite plersonnell priortotheir communicatlom, 'Ili sall ows, 'for,
clarification ofmis,,undet s, tandingls,, i"niscommuni,cation or corn pensteit'ing clontrols or factors which may in
Place+
QL11"ality Coii,troll
At Silkich we, are oommitted to providing the highesst (ILIality at.,Adits in the inclustry.The Village can be ,:i.ssur ed
es- Quality cont'rol Is, so llniportant
of reQeMing the highest level of I
quality and othicafl prolfessionalservic to us
that ourcompa, riy has been 4a miernber of "the Private, Companies Practice Soctior"i of the Division for CPA FRIMS,
of th, e, AMPAsince olor f ormationin 1982". AsSUCh, we hav, e violumarfly submitted ouIr audit ia,nd acclouriting,
praotlioeto, quiality control revilews of our cori'ipflarlice, with, professional standards as establisfied byt[le-
AICRA and, more recen,tly, by th�e United $ta,tes vei,nrii�en't,A,cCOLin'tabill'ty Office, for rti�ore than 3,01 �a,rs.
,531n,ce our company's, inception, our CPA, firm andifts pie,,decessor parties have recelved onmodlif"Ied
ee .
peer review reports. As required by professilonal standards, we ondergio a peer, revilew every thi-years,
Per i the Viligge Of MOUnit Prospect
oposal fo
.SIIKICR.1CO3M
A "Pashs" peer, review reportis t1he highest i ii recognition conferred upon a PLiblic accounting firm for its
qual'it *o, we go beyond the external revilews and main-tain sitroing, Internal reviews of
,y oontroll systems,. Als,
proceclures, and proces<.;,es witl,i� over,silight by our Quality Assurance Conirnittee. Please refer to the Exh`bfts,
section for, a, copy ofour most recent peer, review whilcl-Ii review of specif ic govell riftlient
engagements since thliS accounts for a significant segment, of our practicie.
I'n, addition, OLIT reports havie been reviewed by numeriour s federal and stiate over; igflit bodies, andI rofessional
orgianizations., SlIkich hass not been the subjert, of any disciplinary action or Inquiry during the, past five years.
Slikich Is a mernber of theAICIDA's Goverum entalAudit, Quality Center (G AQC), whi' c h is ax oiornpany-based
voluntary membership center des,''Ignedto promote theimportlancle, of quality governmentalaudlts,, and the
'value of these audits, �to purol"iasers of golvernment, audit serviceti. As, a, rri�etT,iber the GA,QC, SIkich has,
access to key in and comprehensive reso,u�rces that we use'to ensure our compliance wIth
appiro 'i�a,tepirofession,�i,,Is�ta,ri�da,rds,,a,ndla,,wsa
pr nid regulations that affect, our ud,lits,,,,'Th,roucjliowrmeinbershi
in the GAQC,, we also, adhere itio mein ber,ship requirernents designed to enhang e ith�e quality of our audit
practice.,
Proposal f'or Vie, Whag I of'Mo e urit ProspaICIt 10
S'IKICH,.COM
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W-1 Sflal.C.d
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We stand out, Un our indt,o�tryf and we are proud of thall What st'arted, In humble beglinning,sas a, small
accountinig f Irm ha,sg" rownAntio an technology -enabled cornp,�-jxny o, f the; fot ure. And we're
not le'tiinn off the gas.
In short,,, here's,what we bring tio yoo.,
IndUSAIry experhmice
I
Sikich's, local government team provides Seri t more than 4501 units ofloca governmienit. IMany of
have been long-stianding clients, an d' are evidence Of OUr dedic ation 'to the looal government indus,'ary, and our,
ability to, proidle high quality, tirnely servitess within this s,p ecialized industry. These ents, and related work,
i
have enabled OUr company to, do. velop, an extensive nationally recognIzed expertisein governmentla, I
i � procedUres and practices,
acCOUntlng, aud"Iting anid financial reporting
Senior members ofour, local q overnment team precserltly hold meriiberships and a,r�e attive ly involved in
,,
nurn,erous governmental organizations, Inc luding
AICPAG, overnirneritAudit, Quality Ce, ritor Iflinoils CRA Soc-lety (IC,PAS)
,Ari"),er�ilr,art)',iriti,tute of Cert"Ifiu li iiir i Gol,v,e,,,. mrilient Finanioe 01, f icer's
Accountants (AICRA) Asso. lo.Jation (10P10A),
111"Jilois Library Associatibn (ILA)
Central Assocla, tllotli of and UI niversit, y
Bus!n,ez%,s,,,, Officer-s,, (CACU8-()'
Illinois Monicipal TreaSUriers, As',sociation
GFOA Special Review Cornmittee, (SRC') (IMTA)
Go
1111no"Is, Parks and Rie(:,,rieation Assiodiat'lon vernrne�r�t, Finarice Officers Assodatio of
IVII,ssourl (GFOAI�Imo) (IPRA)
Governmont Finance Off ice is Assololation of
the Unit ed Statec,�, an(J Ganada, (GFOA)
I1111nols CIDA Society Governmental Report
Review Convnitteles,
Illinois Oolvernment, Finance Officers.
Association ('IGFOA') Technical Accounting
Review Clot,nmittee
N Illinois A*stsociatJon, olf'County Board Members
and Commissiloners,
lllinols Associationot Pire Protection Districts
Illinois Association of Park DisarIcIts, (IAPD)
111finols Association of School Business
Officials (IAS130),
IlliI nois I City/Courilay Kana 111
,gie�ment 1 01 Assocliati
(ILCMA)
Illinois C,ouriltiy'T',,t,ea,su�rer 'Asisoc''lla,t'lori (ICTA)
Proposal 'for the Village of Motint Pro, p-ct
.S I K I C H, LGQMM
Access to sei iorresources
MI o,�,Will gain confidencein your o, perations by working with atearn of art''Icul aten profe,.,,i�,slonals who hilave
ogniflon, in t I I
recelved the highest rec'' heir fields,. % demonstrate the Importance of our relationship, wel pled,ge
to, provide you with unparalleled access to loui# most senior, ressources. or principlafis,are available, year-roUnd
'for direct consultation asissue s, arlse.,
360--degre eview
Man ls 11i Mike, but we Pride OUrsolves, In being clifferent. We bring 360 y, professional servime ces Compa
deg rees of business acumen w our approach, which mea-,ris YOU hawe access, to, e�xperts in a, MUltitude of
disciplines, Our teat'lins d u 10
I on't'L[St care about providing timielywork, priod,,ct,we, care about your organ z1at'' n's
goals, yolur lelg,, acyy1our, people —and, l we have a deep bench of experts, to help with any rhallerage you have.
Nothinmilak,es, uchap i thanseeing our clients, succoeld and your organization, f lourish.
A coniplany r('X) iii, (-orel W1,
OUr' dynarniwork ic(,tture flosters oontinued learning, growthand Iritliolvation.'We recrUl't and retain, qualifty
tlelip ryiernbers that move os forward. Sitich's, cufltute is built, on, a flexible, trusting work envirionment and the
ke 1111ars of Absolute integrity, Bia,,5 for Act
,yp , ion, C o ntlnuoLIS I n n ovatiori a ind Servant Leaders hip. W le be li
OUr people arf,.), otir grealtest asset and work hard to ensr..jre, that a1lteam rnernberlel empower ed,
comfortable and vialued.,
Acx',,,'e,l 'to edLlCatioll
Ttl)e Village will', remain aware, of regulaidory, chatligels, ari best, orgianizational practicleezi as SlIkich's 'team
recelves ongiolina continuinig (z:)(Jucation thelywill directly apply to t'll Village's engagernent., 'We, accomp. lils,h
'y and U15' V 'n
I rietly of
th18 by anticipating your needs based on OUr expe,rience with �yok,,) and 11 yoor ndustr Inua, a oil
(,,,omn:iun1c, ation channels: fimInn ly responses to yo, or questions-inf ormal d11,5Cus,,srion$,
hiok.0 ht leadersh]p on,
tiopicsolf interiest, tio you; anild rielielvant seminars, all of whilich are, cornp,141, nen'tarly, for QUr' clients. F)astl toplics of
thought leadership have, Included:
G overnmental AOCOUnfing and Fihn*t. &-ial
Amounting & Report for Cas 11) and,
Reporting Update
Investments,
GASS Statement No. 871-easels,
Preparing a, Marlialgem ent's, Dislowssion and
GASB Statement Nol,,I, Pubfic-Pt,,Ivatie and
Ana,lysls
i viailabitity
Pti,iblio-Pt.011c, Partnerships and A,
Capital Assets iniclUdillng Asselt Retirenient,
Paym,entAgran gements,
Obligatillons aind—, nipainnents
Staternent No. , Srub script[i Based
Loing-Term Debt ndIIfIIIW
Infori-nat'lon, Telchnology Arranger tienit
ina. nil Report"Ung Entity
(SBITA)
M
Accouriting forl,1,nsitolance and Employee
0,ASB Statiernent No. 11,001, Accout"itinig,
Benelfilts,
n II and Error Corrections
6
Payroll Reporting flor Golvernmemit , Entitle, S
GAMStatlement No. 101, Comple-nsa,ted
#
Year -End I ll Updates
Absences
A
IFra, ud and 'ant ernal Controls
13,A$,B Statement, No.,,102,, Rilsz*l Discloski
FraUd and Cybersecurity In the Pernote
AS Sty Statement No. 103, Pinanclial Repor"ting
Model Improvemen'ts
Prioposairfor tho-'Vilftagle �of Mount Prospect
,�IIIIIIIIIIIIIIIIIIIIIIIIIIIMMMMMMMM
12,
LEIS
'We approa,ch every engagement witli a dedicated,team, bUilt f rorn our deep bench, of IndIUStry experts and
,designed for Optimal performance,'We treat LIT Clients like, family and bUild relationstifl pis thalt survive the test
of t1ime. on belile vie, os? Ask OUr clllan�tsll,
a
perience ` '
A l, 1,111 g, v(-lrnment operat.1011S,
Becau sie Of OU larg�e, id ilve rse, ofilent base an d'; our abl'i I'llity to attract talent f riom a, , vadrofess' onal
backligrioutids, $11kich has an est-ablilstll)ed rep,utation as, onle of the leadinig prolviders, of profiessloe al serivioes
governmental entltle8., Olur� team o�lf pr�of'eslsiotial�s,8,pe,lo'lalizes, in the managemen't,, operat'llons, flinancling of
genera I-pcur pose locial governments. "ffils, focus an oikiir exemplary reputation assure the 'Villialge the hilighest
q uiall ty w o rk, and thle most, cost- eff ective d ell i ve ry of sIrivicles.
PropowAlfog l- the V1,11LIgt of Mount Prospect
..... . ....
�S I KLC.H, t�Pl�wwQmMmmm,
t IV'
cl -e roa,c,
P1111111111.1111116
es before you
Onie olf our, strengths at Mich is our needproactive. We find poitential issu
hilavol to worry, about therri, bocauso we! 11 re reacly with a soluItioni.
,I nittaive foir a,z ,rytheV'llige,
Your tt,ansiffion to, Sikich vvilll be a non-d1sruiptive one. Martha, Gina,, L,auren, anliwiana h4tive, d Irectied -the
transition olf rnany, nie\N, clients, and will bring experileno, e to the, Village" s agem,yenttearni.'Your
engagernient tearn gill have continuot,,,is, tia,nid,,,,s,-�oin'lnvo�ivemen��t 'in wh�at wie consider, an lmporta,nt rel afions,,Np
w Ith the Villaq e. We [iiavie manlyways, of achieving this, trans, itilon! st,..ichi
Developing an agreed-tiiipon itimetable for cleliverables, and followling, up, reaularly on, their progress
U i l'i i n n ise audit programiiii eliminating unniend cessairy audit steps aprepau ring aadi't sohedules and
tzg c o c
workpapers
in exis,"fing, c lient, materials to, tfie i,e at,e,,,<s1t extent possilble
1VI r solutions
,I IiiUM-)
P, c 1.1,
One-ori-one 'i(j, swill receive customlized soil( ,irtiloris based on your Unique ne, eI an(,! only YOUr uniqtio n0-,(")'ds,.
yo
'You will find that achille-ving finianicial stabilifity and growth, asvvell �,iis uncovering new opportunities 'to inn pr,ovei
performance, is poss,ible thriough, the striategiesthat Sikich iexperts will recorinnerid , atxll on wfillich they will
educate, you,
Af ter a morle thorOLIgh revieration,%, we may, uncOver othio;r topportunities. As part of' our ongoing
slervice and commiftment to the'Village, we keep you infortnecl olfregulatory cilioui. e �5 coxn(J best: practilces, 'to
"de , cial opportunitiesthiat will 4eri the'Village.
eiisiurewe 1 tIrAlIfy oru I
fir yoitir $,a-,t'1Sf1)CL10r11
The Villa,ige,,`s succ ess "is built upon, the CILM; lity SerVice, and, valLie 'you feel y1ou recelve f rom Sikich, whii,ch is why
we will clon'tinoally' qaLlge, YOUr saxtisfactilon'to enhance our, relationship. At various checkpointc.; during the
emigagement, a, SlIkich repiresen'tative will meet" wih, you to how satisfied You fsave been with our
servlc(3 S, ourteam and the valUe we provid,(,),Aireac,� stressed during these mieefings, will includel.
What c,*;m, we do, tio rnake I servic,*I rywre valuable to you'?
What, spe(,,%Ll1fic part, Of Our service exceleded your expectations?,
ff In wfilich arems do you feel wie need
DoOel like aluedlient?
11
What is, your visionfbt- the Village Of Meelt PrOl� eCt?
'kio
the Milag, e of MoLint Prospoct
III IIIIIIIIIIIIIIIMi M
S1KICH,-4.,Q',Q M,
i'lo,ns,
'We'll bring you thio team allid the process to deliver results,, a,i'm*ng to oxceod oxpoctat'
olvery, step of the way*
Our scope and fees a,re, ile .r, up-furor'A an(l aWays fair. Wr � Iprov1d'ing the following servicie.�s to the
'V'illage of Mount ProspeO a s specif led'in the R F'Pi:
,A tj d I t, of' b a s, I c firs an c I a, I st at e m e n t's ol f t he 'ill alge. -for t h le f 1,s, c a I yea r e n di n g, D, e c e m b e r 3, '1 �, 2 0 '2, 6
Preparation of twienty-f We (25) bound copies,,, one (1) tinblound coply, and an electronic copy (.pdf) oft'llie
annual comprehens1ve financial rieport (report covers,, dilviders, Introductory section,, M&A and' clertain
shtaPistil cial data to be provlded� he Vfflage),-
I f'' � ofthe, rylianagement letter for �the
Preparation of''ten ('1�0) bound cloples and an electron"lic (""Opy (.pdi )
Village, communicating any material weakne,<,�''s),es and sOgnifioan't defidencies fOUnd during the auditand
our reco, m�me, ri,Matimis improveme Mal
Preparation of five (5) bound 1c, ,o Ic copy �(pdff t�repo ) ohe rt on icoilnplian, e lw th Public
pi es, an d an el ect ron"
Act 8, 1 -1142 (TIP);
P reparat'lon of 't'he A, natial F11 nancial R epo rt (A FRI) filewitt"i t h e Cou ntly C lie, rk and State C o m pt rol le r on
electronic and thruri�ld copies),
I , (5) bOUnd copies and amn electronio copy (,.,pdt) of the Single Audit Report, if Preparation fi of ve
IS Pt Clearlingho�use, [V�;ipplicable repiarationof Datall Colle ction Forrn to be sobmitted to, t,h�e Federal Audi''
Ass ing a fulling -to apply for, the istiance in Complett nd filing the required appilication and supporting, documerits
Certifilcate of Ar,11',iievement for Excellenceire Financial ReportMgl:
Preparaition of twenty-five (25) bound coples, and an electronic copy (,.pdf') ofthe annual financial report
of the Mount 1)'rospeCt PUb4c Library (report, covers, di'vid,er'sil, introductory section and MMA to be,
p ided by tl-ie I ibraary), row I
Retain mrkp,,(i,,pers for seven (7) years inaccordance with company standards,
Repot-ting to the V111a.,ge, and� 'Li r ar IBoards, In accordancle with gorierally atcepti(,)d aLidilflng slandards,
and
Exi"t oonference(s) with Village Officials to prnt the completed audi't and ell ated materials.
47C 15,
Proposal for the Villa,910 OfMOL11"I't Prospecit,
ui111. IWL iW -0, 1W .0k ii 1 0% AM, k A
Client se"ti'mell'ine
Prenni,rmiry 1 r 11''il
We Would meet With reprosentatives, of the Village to The meeting will be atIended by the
discusst he o
foicusIng on areas of particullar coricern tort trasm y`
well as areIM,,3, ofhIgh audit rtsk,, and delvellop the time
schodlule for complefingthe
1'''rettininary fieldwork
We would dievelop an kiinderstaniding and
This fAIA, Se, WOUld, be completed by
cur' ientati n ofthe Vill'alge's,m untin and,
the erigiagien,)ie tit pri,incipial,
flnistraflve con'trols using is accoutifiniq proicedtires',on
rrr"r"r°r and one
We rnay perform complianceteating ' t'� rmtr , ,,
detet,mine,which c:iontrols, ifaIny, that we 10,ould it l
n durlfiq,'later l' asves of the audit, Sample,%,izos,mould
be determined urirm th a ,e and gionorallyrange
betwoon 25 and60.
"' o would dievelop,our plamning m t irigllit ' on an
opinion unit basis and complete a, prelUrninarynal 'tic" l
troviow, of the Village's finanicill plus tion.,
would:
Review all minut from the meetings oftl e Bol ,r of
.I.,r s e �o d the Pension mr n'Y the Library,
rieview allorldinances adopted by the Village uri t lm
rW
Re vio,w any debtgr menu ent,ored dwriniqthe year
and analyze anyothor unique tra.nsacfioivs entered,into
bythe V111age
r ' rni OUr, fraud interviews In accorclancewith
U d itir" g sta, nclards.
Finalize all necessary corm f r rr-` at I re tliie Village i l l
rar
Review all, proposed cqen,t assisted or-k Ipapers arild
thetirning r p r ion, h VOIAg
Develop ra r.dIt progriarnsforthe next phase ofthe
t-AUdit and review and clocument any changes,t tlh
V I I 12-1 ge, 0S ninLm a, l COM P rie h e ns i' v, e f 11ni a, n I r e p o rt
Preparo thoIhi S u l e for the r rti,a i d r of t1lile aludit.
Pti,oposaj for th�e'Vfflage of Mount Prospect �
i
WMEM
Clie'"I Itt Se Mcei timetine
B6
I lehlwi(�)rl
... . ........................
. . . .................. . ........ ....
'We will complete, all our subi,3tanti-vo tiestinig of thie This phase would be completed by
acco,unt balances andl prepare the draft, of tile Vills alge's th,e engagenie n't principal,
financial statements with a, rough dramft lelf the fititanclial engint manager and one 'to
statements provided totilie VI'llago ator near the two professional Matt
conclusion of fieldwork.
We would also, preparethe draft ofthe management
report.
An exit conferienco will be hold with officials frorn the
Villageto discuss the proliminary riesults, of' the
fieldwork, review any proposzod audit a dair sitmerat s, iflaw l
a d1l u st edt r, i a I b a la n ce�; t h axt �a r e e to t �h e f i n,ia racial
tat! o im e n't s ,;in( J a, , n y s I'q n i fic a nit f I nd I n g s,.
Workpaperreview and, repor"t ' rodt.ld* P '1011
. . . . . . . . . . .. .... .. ........... —
The workpapers, drafts ofill financial reports,". and the
management, letter will be t,,oviewed by the resource
prinicipal anditlie quality, control prinicipal. All
workpapers aii reviewod, by t�he origagement prinicipal
durisi)g pl,mse 1111to eiiiisure that all necessary
Iniformatilion is compiled d this, phase to avoid
ia)posing upon, the'Villaqe'si staff after fleldwork, has
been cornplotod,,
livercid,
")III c 11 �11111 I I
. . ................. . . .... . ............. ...
W1 e di I I d e I i v e r a p r e lirn In ar y d raft o -f t, h e,A n n wa
Comprehensive Flnialail Report at the ond of
fieldwork.,
A revised draft will be, cielivereld bythie. err gaguornient
principal and reviewed' In-dep'th with ii-epresen-ta-tives of
the Village withitithree weeks ofthe preliminary draft.
A, revis,ed draft, Ifnecessary, will be deliveredto thie
Village no liaterthanthree business, c1aysaft lor re, (,:01ving,
all pr,po, sed changes,,
..................
This, Phase woulci bo completod by
the engagement princiApia l, rer,�Ouir,CL4
prM'inci l a, nd the quality coritrol,
principal,
T1111ils phlasewould be completed by
thef eriigageniient principal,,
Proposial forthe'ill age ofMotint Prospect '17
.............
SIK,ICH.0N
M
service; n C, Iii n, t linefine
Corn, lefloili, of audit
P
... ... . . .......... . ......... .... . ......................................................................
Upon approval of the drafts the Villageowe Will
presient the signed, bOUnd copies ofthe annual
loot,,,nprel�ionsive,finaincial'ip,epoart, , the management, letter
and the, additional reports desicribiedlin thi's proposal.,
The engagelimen't prinicipal will be avallable, fir fings
with representatives ofthe Vill,age including, Village
President,thie Bloard of Trusteesand management, foir
formal presentations ofthe report,%.
'he L, a,kt4e
go,119 p(6� �rt to, t, P
. ............................ . . . ...........
OUr com�pany does riot llove that the engagien)ent
ends, with'the exit confiet,lence. We strews U-I'ma we are
avallable'throughout the year to provide tiechni'lical
accounting and financial reporting assistance and
sluppolittothe Village.
In additioni, o constantly monitor recent events, in'the
local goy eii-nmelit industily, including new
pr,onouncoment,c.,3 th,�,,,A rTlay IMPaCt OUr government
clionts,'and COMMUrl"C8te the effecit, of any prioposed,
ch�niqes thrQLJqh,OL1t, the year.
Moi-eonor, Qr litter olf reconvinenda,tionis eachyeav will
ale rt tli-ie Village to ainy new prl"1i,n,loo,(,)ie�i,ii'(,,3 thiat may
be,c,ome, effective In the next one to three,years
inc[ulding the 'I , piotential effect, thalt tl . pro no un,coment
may have on the fina, nicial plosition and/or changes in
the financiA, I position, ofthe Villa ge.
. .. ....... .
'This, phase wouilld be com1pletaid by
fl-Ale engagemen't principal,,
This pjjojwould be complietied; by
'the engagemen't princlipa.l.,
Proposia, I for the Village of Mount Prolsp ect 18
NO
SUICACOM
P otentlial audlit problerns
Our cornpiany's approach to resolving, any problem that anse dUrIng the audit is 'llie same asour overall
approach to the ii,,-iudit- professionalism. Professlon:alisrn in performing the aud"It'Isthile cornie'rstoinevitlo our
philosophy during all phases of the atUdit.,kiny prioblems, enoounterI.Iring 'the atsidit, except for irrieguliarit"Ies
and illlegal alots, will be d''Istuss-8d and diocurr),enled with'the Village Preslderi�t, Audit Comnilttee Chairi, Village
Manager and Financ e, Dilrectoir,'The timing of" this diio' n will prolvide, the Villg, e with ani timle to rectify
any 81hmfloins that may otherwise riesult In �the Istsuaince of a quallifitedaLiall't opinion, Irregularlifleis, and lillegial
acts die, Itected or of hi ch w�ecorne aware of wi I! be corims nicated1r) writing totl)e appropriate level as
fel , loillia defined h our pro, �s, I standards.,
Oor company's philioisoph:y on adiditional nd/or biings llis based on an understanding betwee, n Siklha end
I
the client, of' V.,)e f the work to be perrmed. We have proposed a, "not-to-excleed fee"" for the, auditt,'
� I I e a 1dit, would
the,scope and timing of which wash specilfied by, 'the Villialge of MOLD Prospect,'the billingsiforth L,
not exceed thinless, the Village specitically requests h a t the scope of the engialgernent b e. expanded
and �t�he Villaige. and Silkich, reach a mutual agreememt, in writing, asto the expandlie,,(,'i sc*pe of the engagement
and t�' teejf any, forth expandeld s(,"Fo, 1pe.
Slktoh will comply with all relevarlit ru les and, regulations Of all'thor"tatime bodles, and) the AICRA Code o f
Professional Conduct regarding access tO Orr working papers ax)(,J aod"I't docurnoratiation. 'e' snab1 itequests
for a cces,s will not be, denied.
Prl foi- the Villagc;. i MOLIM Pt ospect, 1119
Our fees, are as priesented in Attachment 1,
i alancies
11"hesie, fees assume tha,t 'the V111agle will provide, the audit'lor's with el (%,opies, of adjusted trial b
by
idiy le;dgers, indivIdual funds,, a, yieliar-to -date q, en e ral liodger with d e., tells of pos"tings to all acCOUnts, SUbsl ar
that agree or are recoriciled to, th, e, genle, ral lie(Jigier, and 10 11 pr'lepare cortiain schedules of account analysis and
coiff irmations of a ccount balanc, esO
Tho Village rmay be required to implementcertain pronouncemerits throughout the periold covered by the
aissued by the Government Accounting St andard,,oard, (GASB).Addlitiona] c,hia,res may be
assessed for the assista, nce with of applicable stiandards,, deperiding, on the level of
asslistan ce, requested bly the Village.Any potential additional fle es would bed'iscossed with the Village arld
ag, re� ti)ponln meriting pirlor to additional work being periformed.
'If'an in' -depth a,sressment of the Vjllage`,o,,policiles, procedures, and internial controls for the Village's major
I I I I I ' detiermination of
prociesses is requested, a, separate fee will be provided L pon discussion, with the'Village and
the stope of the, separate internal control evakiation e ngaigo. ment,
Weirivoice our clieis, on a mon'thly basis as, siervlcies err rovIdield, Paymentsfor III services are dLJe, In
accordance with applicable, statie, statutes,
Propai�,al floir the V111age of'Mount Irospect 20
J,
A, dc,es s,e�, d
I if servilicies, OL11" ofexperit I ften complementary to one ano,,ther. How
With a, c-omprehle, nsivie.5,,ulte o ise arle o
el se WF e help yoL1 st, tire ng-then, �your organizaflon*P w
Many itimes the chiallenfor which you enlislit''Sikich's help may faced rivilore, effeclitilvely, by Integrating
se
'I GUOUr 8�ervlces.. Taake a look a, it what, we, off�er and talk, tO YOUr engaglement priincipal clbout hoW these
vera
i services,may complem,en't wh� u are already sIII ekinig,
1".. 1 Aspute advisory
� I
Disputes of any kiinid or size oan be ditficult to
man,age, on your own. For example, what would
happen If YOU begairi employee friaLid
wilthin your organizaltlore ? A dispute advisory
expert can overs,ee every aspect, frotin In,,sk.rance
oliar prepar ation a,nd cloorldination with law
authorit'lles, to creating a firatild prevention
prormmandImro111,q iaW,�
flron
Internal ciontrols.
Pos'll"flon, your brand for optimal coverage across,
your client basel,indus-try and alidille-mice, all
w hi I le t e 111 n q a c a, p t iv t i n g sit o r y it hat b u i I ds,
relationshlstiilidIe rIil anr L[StOmer retention.
Frotr design atid webs[te, developmet 1,,110 rnedia,
coverage and prodUCt lai(Anches, y1our origanization
desery es ample opportunifty to boost brand
awaxen,ess, are reach a wig e't-anig, e offuture, lon' g-
term, C0,11SLImers. Simi ill be fAnAia, r with the
Village and slalted 'to, speak, In YOUrlangliage, 'to
yoti,�Ircfientele.
Fondi Ichiallenges,increased diemand1from
stakeholderzt-7 and, (,',h,,a,,ngJ,ng,trends and, policies can
makeft diff ic ult f o r riot -fir -profit orgar"i i, zations to
reach their gloals., For thos;e farrill ar challenges
aIN d others more specliflic to, your orga,nization, you
neeld a professional servicies paartner with an:
ind�us,tryi-deld'ica,,t,,ed! Ill ,�tlltI to dell vierthe
accounting, aid,visory and teohnology servic es, that
will help you work, 'toward YOUr rnlsslioni,
Techm) I logy:se''rviO's
Staying ahead of, or even 81rnply ki� ping Qp wlthl,i
confint-milly charigiing and clomplex technological
devielopment,� i be, challeinging, e-specially In the
tiffle of,A1. Our tearer of experts i offer business
mianagement, software, c*)ud'S01LJ't10I`1,S1, sstrategi(1,101
information technology and Uciorisultlti)g to drivie
t h e V11 I I a g e t owia, rd inr , s e, d p ro id u ct "I vi, t,y a n d
Prof Its.
lic.11mlo It, x,) gy; secur, y c p
Keeping thVillage salife frorn data breaches and
other Info r1mation, secunit ycork ernis Is,, c,010calt
especially given'thie viasit nuriliberof organizations,
t1hat havie b en comprotiniisedire the liast, COLIple, Of'
years, LrInderistand w1liere, the VU,1ner a,bilifles, in your
n e t wo rk, lie, b y o btal n in 1 g, I n de pe- n d e; n It,, u n, b I a s e d
and tiechnically qua,,Iified seourity, assessments—
f rom penietration'testing to forensic. s.,
!�00 PralVillage of Mmint Prospect 21
"moo know YOU likely have many more questions, for us. Take a look at tho, attached clocuments
for aidditional information aboutSik,ic�h and thoso, wtiic) will work, with you.
Attachmen't', I
,I
a-phies 'nga r,
MarthiaTrotter, CPA
Gina Kitig, MPA
LaurenAllen, CPA
N lwana, �Be�clot
J'11. m Ski o, CAA, MA S
Anthony CervInI,, CRA, CIE
a 'I govertunent- scrvii(",�(',s )'verview
o,
Con-lql)any proflfe
Peler revie'w
It" 00.1
PI-IIOPOS,al ifr the Village of'Mount pros 22'
All
SIKICK,9,,�
Al"F'I'ACIII 1,
V1,1114AGE OF
RE QUES-l' R,Yll PROfFOSAL
A"UPYTING' SURVIClS
ICI TE:'NlA,Nr 30�026
1-TE,
COPIES
DESCRIP"171ON
PCITEDED-2026
2027
2020
2029
2030
lh.I.SIC SERVA TS77t)
(A'I'MCN, ()IN A(.11k, ill,'N"ll if rmAl
20,
51500
$12M),
%how)
%7W)
1"UNik'N't"9dU 1
21)
MOO
cpso
1350
Wo
102m),
TT�kTli N I F N"17 (3N A U [YU!" I N(i S "I'AN Dil kl)�iNl,� (il LFT 1"ER
10
wa
114,11
01A
Ml
I'M l!"A'AR NTION (W, "T''IfE I
10,
wa
10
!".1v IN(,'ftLtMLN[ H'NA,N(l'N0 ()VIINK'N
5
2A50
11 W
11 7�
125f)
A.AJI)FE" IR 1), )lk"T f,IT"'N F(" F �S SA, R)")
5
1150
4300,
U30
435f,)
GQ500'
67.6510
7qNSS
A , indody I h! V RMPO AC FIR 00 n 0 n c ous
OTHER
N's , I L,
30
5,W)
1600
1750
61001
FINUML KhRMA"ll
1"(")N i0l'-', E R.S.
IjUO
1AW5
1,210
FINANUAL REPORT
FIR d%ND'I".1
1,1 1 INOts DE, f1l". ()[ I NS'l TR A N(l F 11111,10 It, 'S".
NAACT, PENSR)N' 0 W)
4500
4,700
M),
Jim
5,400,
J)F'NSION F"l-I'M3
tff''S
U00
A 150
5 AQC)
'"7tESICIN' �kTIJRE C)FA]OR lZE DE [T.-, S ERF,7v
MAR Tom"
IIIIIm
Ne!',K[E (0,A1 MY)MUT") ftEPRESEN I Al INT
pri"401
5 SIKICH,.
L,000n,
NApe rvi I le# I L
P: + 1(630) 566-8581
F: + 1(16310) 4199-86618,
NMI
Martha, Trotter
CRA,
principal
"T
EMM
Service a,rleas
Giovernmental audit and aCCOUnting
Governmental thancial replorting
Affillations
IN 11111nolls Government Financo Officers Assochation
IN Illinds CPA Society
Education
0 Bachelor, of Science in Accountancy, University of' Illinols
5 SIKICH..
IF
Locationi
Nopervilloo 1�
P: 1(630) 566-8561
8 4 01
G 01 *1
1. naKI-119
MPA
Se,n,lor Manager
Gina, King, MPA, is a,seni'loriewidit manager at Siklch with exporience, atilditing a varlety of
ltries Including gaviernmen'tal entities and not -for -prof it organizaltions., Specifically,
Gina, spelcializiless In serving clommunity colleges,schooll districts, and vill'ag, es, $hoha, s
workod in'the pudic aQc flno IndUstririce, 2011A and is, moron ible fr performling
key audit procleclUres and intlernal control evaluations, roport pre para it'llori , and tl,w
supervision Of aUdilfie-ldwork teams.
Service areas
Assurance and advisory, s,orv,icos
Governrinental aUdit., accounting
■
Governmental financi,ra] in porting
Nolt-'for-prolfilt audit, accolunting
Affillat'lons
0 "Ill"indis CPA Society
# 11111nois Government Finance Off icer's Associ,ation,
Edulcation
Bachlolor"s- Delgree In ACCOLire 't"inn, Illinois Statetjniversity
ilItirverSity
Masto, r of Pro�fca�ss�ona,Acco�Lit'lancy,ll,ii's n"
'Ino�e UI
SIKICH�
Location:
NAPOM110,1L
P: + 1(630) 566-8518
F;
C vl, -A
Sen"loir Managei-
LgUren E. Allen, CPA,, Is a, sentor audit manager with In-depth expertence provid, ing
asSUrance, and advis,ory oxperioris. LaLlrenfocusas on serving governmontal, entltles�
S' uch as villages, and townships. She also works with oortain ri,on-prlofft entities,
"mch 9, SCOMMUllity C011eges, Iiiiauren is, respons aQ I
a dit
lengagernents, supervising the audit team, and preparing and reviewing, financlial
statements.,
Service iareas,
F Asm,,irance & acivilroory servicles,
m Audit 1& financial roporting services
ml Govornmenta, I audit� aCcounting
Affillations,
v Illiriois CPA Society
0 Arnericiaan Institute of Certified PL.iiblI ic.A,CCOL,Itl�lt,at,'I'li
Government inn, ncm Office,rs,,A,�TM iI tion
Edwatilon
Bachelor s, Degree In Acrounting, North Central College
Associale's Degroe in Businioss, WaLlbotlltsew Cot",nmunity Colloge
5 SIKICH.
a
Lo
my cation.,
Naperville, U
+ 111331) 229-5465
orn
Niwana Becker
Manager
N Iwana Becker Is, an au dit manager at -SSJ kirh, wl 'th expe, rienice atidit'Ing a variety of'
Industries, including governmental on -titles and not -for-prof It organizations.
Spo,cifically, NIwana, specializes In serving commkimity ciollleqo�,, ,and municipalitles., She
has worked in 011ie public, accounting Industry sliic�o 2019 and perforims, kely, aludit
procedures and. Internzal, control avalluations, re, rid pillivipar ation, ands ,sip III rvll,5-os audit
f ie I cl wo r 1 ea im 9,
Serv'ice ia,reas
Assurance a,nd, advusory servicies,
Governmental audit, aocounting,
Grovornmontal finanoial reporting
Not -for -profit auclit,, accounting
Affifliations
H 11114,)ois Government Financial Otficlows,, Association
Bac[ielor's Dlogtive infig Tmance 111�l�inoisSitalt,,eitJnilvelt,,,91,,ty,
,, Accolunt" &
SIKICH,
avio n J'a ies R S
IN
I
( ,�'A, M A �S P , 7o
Principa
jarnes P. savio, CPA, MIAS,, Is responsible for, piroviding �technic�al servilicies, to Sikichilis
entail clients In all ,,krw )fqol�v�ornm,,ein,t,ala,c�c,olurilt,inigiiaudi't'in�g,,,fit,,ianciaI
got lvernmi
'
n �' go yie nt i J rn
reporting revonue and expendil ture forecastlng,i and cash and deb,t mas a r
has pa'rtidpated In 111ilLindrieds Of aUdits, of municipalitlies andother gloverilirin ' ental Uni,ts
ln 1995
since lv began his career with $'IlkilllI, Hie has also bleen responsible "for
Lolic,atlow
developing and serving gi,s lead ire structor,for goy ernmentcal accownting, III, uditingo,
finanicial reporting, and ciash mianagement coki,irses, both internally and Y t rnr lly.
Napervilla, 111
+
Jim serves, on tIhe Illinois ()overnment, rinancke Officers Assoc [at i on's Technical
h g9m,
Accounting, Review Committar d t1lie'Rinois CPA Socibty' 0- ov�e, runiantal Executive
Comr,nittee., Hie also serves as: a, comi-nittoo mornk)erfor S"kich's menitoring program and
assists in'the clovelopment, and 'Amplementation, of Sitch's new Wrio training prolgram.
Se rvio, le areas
Government'al aiudit,,, accouln'tinig
GIm iertiti,itiltlitail,f'inancia,I reporting
Affillat,ions,
leI Arnierican It"IStItUte Of CO3 111150d Public Accountants
a III[nois CPA Society, Glove rnmont,oal Executive Committee
0 Illinois Gaven,imen't Finance Officers Association, Tiechnical Accounting
R,oview Committee
F Greater Aurora Cha, mbe r of Corimerce Leadership Academy
I
Education
1101 Mast",er of'Sclence, Accou,ntinig, Nortfiorn Illinois University
Bachelor, s De,greje,, Accounting, Northc'))rn Iffir"i,ols Will versity
5 SIKICH.l
Napvilloo UL
Milwaukee, Wl
St, Louis, MO
P1 +, 1(630) 566-8574
F; + j,(630), 499-8668
io 4!
Pu ithon.ly M,. Cery I'll I
CPA,,, CFE,
Principal, li.ocal Governmeml Audit Leader
Anthony M, C"PA, CFE", is at principal at Sikicl-i and serves as, O'ie, firt"I'lli S" Local
C)()v,t,sr,ti�niet,,i'tLid,i't Leader. Since.joining SAlch in 200,151, Afitluxwl 1-,ias IIed LIH'igagemerat teams,
for audits, of governmental, deli ve�lrig �xpert gUldance ijri, governmential acclotin'ting,
auditing, �,(.spot ,ltin,gj, o1nd internal controls.
Anthony is a recognized insfruit ior in thiedd, havirligt led iri(,in'le rous clourn es, on
governiniental accotinting, finlar)dal repiorting, and iriternal controlc-ros.,.',sthe
("' CAI untry,
1-leo is an activie mernber of tilie Goverrinrier-lit Fjni,�pj(,e Officers Association (GFOA)l Spelicial
Review Comn-flttloe, farlid tlll)lelllllr��,wis CP,A, Societys Government Report Review Comolittee.
Service areas
IN Governniienlal audit,
4 Govertimleti,tal financial ji-elporting
Affiliations
Atr,prJc;a.r,) ltl).stitute of'Certified PUblic Alcco,untarlts'
m Illinois CIPA Socil�ty Governmer-A Report, i e ifs W C"orntit ittee
Chairperson, (2021-202.3)
(, AAP N,.)sis Reporting, Subl,,Ch,air (20,18-21020)
11kools Fig tianice Officlers, Ass,ociatiors,
Wisc.-onsirt Government Finanicle Offilclers Assoclatilo, Ill
(,-iFOA Special Review, Committee
NapervilleAre a 111"kimaine Society (2010-20,17,
(11?Oge COL111ty Walk, to Elncl Alzil-ieimer's.,
Executive, ILeaderslliip Committlee - Chair (2024-2 025)
North Clentral College .., School iof Busire lessanti ,
Adivits ory iBioard (2024-presient)
Education
bachellorls ()(-gree ki Accountitig,jhie Univer-sity of, Iowa
Master of Adiiiinistration,
,,, BetieAli ctin e Ur- iiversily
w
Golvernment agle. nciess eixperence increasibig preSSUrie, -to be more effective,
efficient and transparent',
As a govornrivr)it leiullorf YO(A know 1"llow irnportant, it is to, find' profiessic-stici,1 services part nerthat,
,, (.) 11, 11 i,7,,. a, t i o n
cati strategize, plan arid irriplement t(,,) tl'te pa'Is"of Your" ol
Services Stakicli, prolvidcts,
R'll m ta m IT'services
Acc,ot,jr)flnq@,, audit, ass(ijry c(,. x
Buisiness valtiatioir) a Marketiri,g & C011,1111LInicat ions
Fr a i (i �! t, v i c! e s fo, r q, o 1 v e r n n, i e t i Us, a Pension ftind accounting
a ERP & CRM staftware es & 10011SUlting servic
a Retirenient planning
Wf)ether YOLI represent a generall pLirpiose local governmilent or special district, Sikik"09f"i will
1wip, yoo rtiaet your goal by pr�oviidjflg profiessiorial gLOdanice in ym,.v- accotmAirig,
u I .m -'r � � y r
and othier advisory fL111GO01115,
Experience unparalleted commiftmeiit and high-qualfty, tirnellys, ervicos M'wri you j' lor
with, the experts at,8ikich, Foil— n-mre tliiz.m i '30 year's,'we, haw.?, 1),F(1)vId,e(,,j;
m A highly skilled staff and n,,iianaigernerit tearyi eritirely (11F (11c; a,,� tIo
(.�')IPIAII(
v An in-diepth Ll ndierstanid "Ing of the fiscal, r"Tltaviao )[Alt
operating cand regLflatory erwiroru!,ior'its
Tii I I'very,
-nely ancl cost--ef fecflve SO,,rvf1(.;e (.-ieli
Wil'o we serve
c"llents pf"Oser)t a. wide range of indUSIT-Y sector, in,ClUding',
III it hti ill M Foi w t preserve districts
Cities Nil. )rcariierl
V i 11 ag 0 s"
Towriships, c'fk;'tr,ictS
Other specia.1 a water at'.1thorities
ml w"I ,,i Icts
P le ns 1 ol rl a mL ater, rec,.1,aniz tioti �disti,
�f
Park districts
t R
111.11.01l 'Y(��)vernrinent
WJ
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PRINCIPAL
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providle
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wl-,iile wetiake care of
.................. . . .. . .01:01. m M
experts,
N 1 k' 13 C PA, MA S
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Vicloria DAH051, CPA
PRINCIPAL
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PRINCIPAL,
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mike.willian, i s' @,, sikich cloin
rvi, Sivvickl, CPA
R E ('�� IfO R
'I iALLI-O f301)1111d, CPA,,MAS.
DIRECTOR
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lailriaJmbgal a@sikichi,cofi"'l
Keflon, CPA,
(I'(PECTOR
(1630) 210-3083
o
(L 20126 SkIch LLC',, An lf"Zigrin,; [ZrJser'Ived. info@sikilch.00rn 1 +1 (877') 279-o'1900
SNAM at apDoao hi acwwrowpOdi I Ma AICPA I 1&'af kc-I Sikich, (.33)A I 1 (3, h.', q�i N�(*� lsoiJ ("IIA fln, 11 �l ��l flpll'(�)Vicicln
MI it '�'l "'I I tic��' �tt� clOth, Opki Wfuh LLC and OS subsklahes pryvie tox and �t�lvv;lnry
i (,"PA I.L(".' hpq a qqnVncwml aunnijament MW Mch LLC under wMA Mich LLC suppw 01, �1151141�1,,��I'�, ()PA of its S(lrvk':(,n; SIN LLC sod fl'cP lot" (];PA, firrw.;. "Sikkdill' k,
O"Wand name urulef Mich 1AW" OM LLT; ano SAwh I W pmvWn prArpskmal ll-le cnil"&U%; ��v)d(�f Ole aNjuponlanOy ownpd am! nFe rml HaWe hy the way,es pavoed by any owr pnldV prnvrhng
*crvilci'n; I iru'lc�r t he SABOYahch MUM! the WPM "OLWOOnpm, w" and in- and oHwr $wmhr humzdammu I at 00�0 H-,arld 1;4�rcji US
We help organizations manage 65"kii, mmadinthin compliance and, � the most of
their technology investments.
Sikich offrs, the public and privatei Sec
-tors, af" COUvel-'se (')�jatfot,j,j,) of profession�il services across
C011SUIting, telchi-icology and clompharic;e,
Hl�'.,,)Iifly speoflahziaid arid "oii,i teams deli'vei- intelgrated
solutillens rooted in deep, irldUstry expel-'ie"
II Oor, a, p proac.;h ills' s,trategicail y and thOLIghtfUll'y designed,
to help OLH' clients, towl-1.9 and oorrri-iiunitles w"O'cief"et"alte SUC;0068!� $Jkich has approxii7nately 2,,5""'100 teaiTi
mom bei--s and operates acro f,.;s Noi-'t l'i A r1y)erica, E M E A at"id A PAC.
Specia"111zed, servi''CICS
Risk man,agelmorit,
Enterprise a,pplicatim consulting
Gybersoc;titrity
Data and Al
vila,,,I(Ita�jo, ns
EPR Cl"W, Hl,("IM arjd soxvit',"09
rif,,,k and compliance
(-',egLillatory, (JRJ,afltyalld
Transact ion advisory (deals)
Cornphanco Seirvices
Business process, solutiorts,
IN it a o
AUd
F I ti a n (1., e, a 1") d 010 L1 n ti n g s e r vi i C e s
MI IT (,a, o n it r o II's
,ecurity nianaged services,
IT -;itxj s
di Ta; x is, e � ry i ce s
Marketing atid comrnUnications
Nilic"I'le experit"I'Se
Sikich providies, sler ices and 861100118 t() 8, WIWO Of indt'isti"ie
We have devoted SLibstantial
ari(lexperiencein,
Manufacturing
Prilivate eqt-tlty
Government
Distribution &
High-tech
Nonprofit
SUPPly' c�hain,
Proifoessional Sorvioms
Higher edUcatilon
IIW00
AM ConStli"LliCtion &
Agricuiture,
real estate
Automotive
Ufo ssolenoos,
0 # I I �i
ple"MUng pri,napies
W
provl(,Jerl,q tmcawse we 11i,ave tine rigtit people backiecAby e're
t he right p lint (0 rit"T"t,
End to eind! oxpairfiso Paftnersln finpact:
,h aoid hinovation
VIR, Full access, no ogo Cutting: eidgle �tec
Uncompromising problem rsolvers,
6.1 SIKICH8
IM'' ijp1
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Mount Prospect, Illinois
INTEROFFICE MEMORANDUM
TO: VILLAGE PRESIDENT AND BOARD OF TRUSTEES
FROM: AUDIT COMMITTEE
DATE: AUGUST 271 2026
SUBJECT: 5-YEAR AUDIT E NAGAG E M E NT FOR 2026-2030
The Audit Committee was convened to review proposals and recommend the Village's external auditor
for a five-year engagement covering fiscal years 2026 through 2030. The Audit Committee meeting was
held on August 20, 2026, at 6:00 p.m. at Village Hall. Audit Committee Chair Vince Grochocinski, Trustee
William Grossi, Trustee John Matuszak, and Audit Committee Member Tim McDermott were present.
Director of Finance Amit Thakkar and Deputy Director of Finance Jenny Fitzgerald also attended on behalf
of Village staff.
Request forProposals
The Village issued a Request for Proposals (RFP) for external auditing services in May 2026. The Village
received two responses: one from the Village's current auditor, Lauterbach & Amen, LLP, and the second
from Sikich LLP.
The proposals were reviewed based on qualifications, experience, audit approach, staffing, service
capabilities, and cost. A summary of the cost proposals is provided below.
AFR Report ILibrary
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50,000
52,500,
7,800
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40,800
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Representatives from both firms attended the Audit Committee meeting and were interviewed by the
Committee. Following its review and discussion, the Audit Committee made the following findings:
Annual Report of Audit Committee
August 20, 2026
Page 2
Qualifications and. Experience
Both firms are well -established, reputable firms with significant experience providing audit services to
governmental entities. The proposed audit partners, principals, managers, and professional staff possess
the educational background, professional certifications, governmental auditing experience, and technical
expertise necessary to perform the Village's annual audit and related services.
The Audit Committee found both firms to be highly qualified and capable of providing quality audit
services. Overall, the firms were generally comparable in terms of professional qualifications and expected
service standards.
Scope of Work and. Cost
Lauterbach & Amen proposed approximately 315 hours of audit work annually, while Sikich proposed
approximately 350 hours annually. From a cost perspective, Lauterbach & Amen's proposal totaled
$247,100 for the five-year engagement, representing an effective hourly rate of approximately $156.89.
Sikich's proposal totaled $342,735 for the five-year engagement, representing an effective hourly rate of
approximately $195.85.
Accordingly, Lauterbach & Amen's proposal was approximately $95,635 less than Sikich's proposal over
the five-year engagement period.
Auditor t . ��� .
The Village of Mount Prospect has historically rotated its external auditors. This practice has been
followed voluntarily by the Village for decades and has been supported by the Village Board, although no
formal policy currently requires auditor rotation.
Lauterbach & Amen has served as the Village's external auditor for the past six years. Representatives of
Lauterbach & Amen explained that, if selected for another engagement, the firm would assign a
substantially different audit team to the Village. The Audit Committee discussed this approach and asked
several questions regarding how changes in audit personnel could promote independence and provide a
fresh perspective while maintaining the institutional knowledge developed by the firm. The Lauterbach &
Amen representatives provided responses to the Committee's questions.
After consideration, however, the Audit Committee concluded that rotating to a new audit firm would
provide greater benefits than changing personnel within the existing audit firm.
Audit Approach. and. Overall [�`!.valuat "ion
The Audit Committee discussed various aspects of the audit process with both firms, including audit
planning, staffing, communication with management and the Audit Committee, use of technology,
internal control review, and the overall audit approach. Both firms provided satisfactory and responsive
answers to the Committee's questions.
Although Sikich's proposed audit approach was not materially different from that of Lauterbach & Amen,
the Audit Committee unanimously recommended awarding the next five-year audit engagement to Sikich
for the reasons described below.
Benefits of.period.i.c.Auditor Rotation.
The Audit Committee believes that periodically rotating the Village's external audit firm strengthens
independence and provides an important governance benefit. A long-term relationship between an
Annual Report of Audit Committee
August 20, 2026
Page 3
auditor and an organization can create familiarity that may affect, or create the appearance of affecting,
the auditor's independence. A new audit firm brings a fresh and independent perspective and may be
more likely to challenge long-standing assumptions, accounting practices, financial reporting processes,
or internal controls.
As a public entity responsible for the stewardship of taxpayer resources, the Village should also
periodically evaluate professional services through a competitive and transparent process. Periodic
auditor rotation promotes public confidence, strengthens accountability, and provides an opportunity to
assess the Village's financial systems and internal controls from a new perspective.
A new audit firm may also identify risks, inefficiencies, opportunities for improvement, or areas requiring
additional attention that may have been overlooked simply because the same firm has reviewed the
Village's operations and financial processes over an extended period.
The Audit Committee believes that the benefits of a new and independent perspective outweigh the
additional cost associated with Sikich's proposal.
Technology gence
�� . . .
The Audit Committee also discussed developments in artificial intelligence and their potential impact on
the auditing profession and the Village's future audit process. The Committee asked both firms about their
use of technology and their expectations regarding the impact of Al on audit procedures and staffing
requirements.
Sikich indicated that it is willing to reevaluate the scope and cost of the audit engagement if significant
technological or artificial intelligence developments materially change the audit process during the term
of the engagement.
Staff I'Zecommendati.on.
Village staff concurs with the recommendation of the Audit Committee and supports the rotation of the
Village's external audit firm. Staff believes that Sikich is well qualified to provide the required audit
services and that selecting a new audit firm is consistent with the Village's long-standing practice of
periodically rotating auditors.
Recom.m.endatilon for a. Formal Auditor Rotatilon Policy
The Audit Committee also recommends that the Village consider developing and formally adopting a
policy addressing the periodic rotation or competitive procurement of external audit services.
Currently, the Village's bylaws are silent regarding auditor rotation, and no formal policy governing the
process exists. The Village has nevertheless voluntarily followed the practice of periodically rotating its
external auditors for decades. A formal policy would provide greater clarity and consistency regarding the
Village's expectations for auditor independence, the duration of audit engagements, the timing of
competitive procurement processes, and the circumstances under which the incumbent firm may be
eligible for reappointment. The policy should also provide appropriate flexibility in circumstances where
requiring auditor rotation could result in a reduced quality of audit services due to a limited pool of
qualified or responsive firms. In such cases, the policy could provide for an exception to the rotation or
competitive procurement requirement and allow the Village to retain or reappoint a previous or
incumbent audit firm when doing so is determined to be in the Village's best interest.
Annual Report of Audit Committee
August 20, 2026
Page 4
Audit Committee'Recommen.d.a.tion.
Based on its review of the proposals, interviews with both firms, evaluation of qualifications and
experience, consideration of the proposed audit approaches, discussion of auditor independence and
rotation, and overall assessment of the Village's long-term interests, the Audit Committee (members
present) unanimously recommends that the Village Board approve the selection of Sikich LLP as the
Village's external auditor for a five-year engagement covering fiscal years 2026 through 2030.
While Lauterbach & Amen submitted the lower -cost proposal and has provided quality services to the
Village, the Audit Committee believes that the benefits of obtaining a new and independent perspective,
consistent with the Village's long-standing practice of periodically rotating external auditors, support the
selection of Sikich LLP for the next audit engagement.
We are submitting this report to the Village Board on behalf of the Audit Committee with the
recommendation to approve Sikich LLP for the five-year audit engagement. Please contact me if you have
any questions or require additional information regarding this report, the selection process, or the
activities and recommendation of the Audit Committee.
Respectfully Submitted,
Vince Grochocinski