Audit Committee Meeting — Minutes

DRAFT MINUTES VILLAGE OF FOX POINT AUDIT COMMITTEE AUGUST 5, 2026 A. Roll Call: Trustee Liz Aelion, Trustee Mark Freedman and Member Pedro Pierri were present. Trustee Aelion served as Committee Chair. Wendi Unger of Baker Tilly Virchow Krause & Company, Village Manager Steven Kreklow and Finance Manager Mary Carthell were also present. B. Minutes from July 31 st 2025 Audit Committee Meeting: On a motion by Trustee Freedman, seconded by Member Pierri, and carried by a 3-0 vote, the Committee approved the July 31st 2025 minutes 3-0. C. Discussion and Possible Action Re: FY 2025 Draft Village Audit The Draft 2025 Audit was presented by Ms. Unger from Baker Tilly Virchow Krause & Company. Trustee Freedman and Trustee Aelion identified minor errors in the report that will be corrected by Ms. Unger. On a motion by Trustee Freedman, seconded by Member Pierri, and carried by a 3-0 vote, the Committee accepted the 2025 Audit with changes discussed during the meeting and recommends it be presented to the Village Board by Ms. Unger at their August 18 th meeting. D. Adjournment The meeting was adjourned at 6:10 PM.