Specifications include, but are not limited to: Examining all funds of the Village, including the Police Pension Fund, Fire Pension Fund, and Oak Park Public Library (fee must be quoted separately). In addition, the examination shall include as necessary a Federal Single Audit as well as TIF compliance reports. Examining all Village funds in compliance with generally accepted accounting principles and sound internal controls and financial management procedures. Preparing, editing, and producing all sections (unless noted otherwise in this RFP) of the Village’s Comprehensive Annual Financial Report (CAFR) and separate Library Annual Financial Report, including all typing and reproduction in written “hard copy” format and in a format capable of being downloaded onto the Village’s internet site (i.e., Microsoft-Word, Excel or Adobe Acrobat-PDF file format). The report is to be consistent with GASB and GFOA Certificate of Achievement for Excellence in Financial Reporting practice requirements. Reviewing the Village’s two TIFs and preparing the report on compliance with State of Illinois Public Act 85-1142. Reviewing the Village’s accounting, internal control and financial management practices and providing an annual management letter recommending improvements. Prepare adjusting journal entries (AJEs) as needed in conjunction with the audit. While the Village strives for accurateness in its unaudited trial balance, the selected firm agrees that no additional fees will be charged regardless of the number of auditor AJEs needed in any given engagement year. Expressing a “full-scope” opinion on the fair presentation of the financial position of the governmental activities, the business-type activities, and the Village’s fiduciary funds and the discreetly presented component unit in conformity with accounting principles generally accepted in the United States of America and Government Auditing Standards. Performing certain limited procedures involving supplementary information required by the Governmental Accounting Standards Boards as mandated by generally accepted auditing standards. Attendance of at least one Finance Committee meeting and one Village Board meeting to present audit results to elected officials and management. Meeting dates will most likely be held in June during evening hours. Supporting the Village in obtaining the Government Finance Officers’ Association “Certificate of Achievement for Excellence in Financial Reporting” for each of the Comprehensive Annual Financial Reports prepared by the firm. Preparing and submitting the Annual Financial Report with the appropriate State agency. The Respondent will not be required to audit the statistical section of the report.