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HB4132 |
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LRB095 13199 HLH 38857 b |
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| fiscal year, unless an extension of time shall be granted by |
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| the
Comptroller in writing. The accountant or accountants |
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| making the audit
shall submit not less than 2 copies of the |
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| audit report to the corporate
authorities of the municipality |
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| being audited. Municipalities not operating
utilities may |
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| cause audits of the accounts of municipalities to be made
more |
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| often than herein provided, by an accountant or accountants. |
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| The audit
report of such audit when filed with the Comptroller |
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| together with an audit
report covering the remainder of the |
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| period for which an audit is required
to be filed hereunder |
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| shall satisfy the requirements of this section.
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| (c) Municipalities of less than 800 population that are not |
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| subject to subsection (b) of this Section
which do not own or |
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| operate
public utilities and do not have bonded debt , shall |
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| file annually with the
Comptroller a financial report |
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| containing information required by the
Comptroller. Such |
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| annual financial report shall be on forms devised by the
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| Comptroller in such manner as to not require professional |
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| accounting
services for its preparation.
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| In addition to any audit report required, all |
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| municipalities, except
municipalities that are not subject to |
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| subsection (b) of this Section
of less than 800 population |
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| which do not own or operate
public utilities and do not have |
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| bonded debt , shall file annually with the
Comptroller a |
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| supplemental report on forms devised and approved by the
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| Comptroller.
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