Auditor: Burr Ridge Had A Good Year

officials received good news in its annual audit, which was presented to the board Monday night.

“Once again we have a clean opinion on the 2011 audit,” said Dan Berg, firm partner with auditor Sikich. “In general, the village did enjoy a good year financially, especially in light of this economy.”

The Village Board accepted the audit report at its Monday meeting, and the document will now be available for review by residents.
Village Board members noted that as promised, the village had a surplus and a balanced budget.

“In these tight times we still were able to balance the budget,” Village Administrator Steven Stricker said.

According to the audit, the village’s general fund balance as of April 30 was $4,096,397, a decrease of $31,688. General fund revenues were below estimates by $304,392. General fund expenditures were under budget by $49,994.

Berg said the general fund had “virtually a break-even year.”

“It did have a good, a good year, especially in comparison with other villages and towns,” Berg said.

Mayor Gary Grasso said the board and staff cut back and “trimmed any place we saw any fat.

“This board and this village has done what government is supposed to do and that is react to the times and live within our means and still provide the best services for a great village,” Grasso said.

Berg said in these economic times, it takes a proactive board and management to adjust the budget.

“You have very good quality financial statements to be able to react quickly and sufficiently in time,” Berg said.