Maywood On The Hook For More Than $100K Due To Late Audits

Saturday, February 27, 2016 || By Michael Romain  At a Feb. 24 Legal, License and Ordinance Committee (LLOC) meeting, the Maywood Board of Trustees confronted what amounts to the total price tag of the village’s historical tardiness in filing its annual financial audits. Village Manager Willie Norfleet, Jr., at the request of Mayor Edwenna Perkins, reported a delinquent notice the village received from the Illinois … Continue reading Maywood On The Hook For More Than $100K Due To Late Audits

Maywood’s FY 2012 Financial Audit Completed, Progress ‘Tremendous,’ Says Baker Tilly Rep

Thursday, October 9, 2014  || By Michael Romain  MAYWOOD | At a September 24, Legal, License and Ordinance Committee (LLOC) meeting, Jason Coyle, a partner with Baker Tilly Virchow Krause, presented the firm’s 2012 financial audit. The audit was issued in June, 4 1/2 months after the FY 2011 audit was completed. Coyle said that the village is on track to have FY 2013 audits done … Continue reading Maywood’s FY 2012 Financial Audit Completed, Progress ‘Tremendous,’ Says Baker Tilly Rep

The State of Illinois Owes Maywood More Than $135K, Says Illinois Municipal League Late Payment Calculator

(The chart shows State income tax payments to local governments from FY2008 to FY2013 and the Governor’s recommended payments for FY2014. The amount of State income taxes shared with local governments remains below its pre-recession level of $1.208 billion in FY2008. Chart and caption by the Civic Federation.) Wednesday, July 30, 2014 || By Michael Romain  Municipalities claim Illinois already underpays them their share of … Continue reading The State of Illinois Owes Maywood More Than $135K, Says Illinois Municipal League Late Payment Calculator