Public Act 098-1108
 
SB2980 EnrolledLRB098 18018 JLK 53145 b

    AN ACT concerning local government.
 
    Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
 
    Section 5. The Township Code is amended by changing Section
70-15 as follows:
 
    (60 ILCS 1/70-15)
    Sec. 70-15. Chief executive officer; fiscal duties;
penalty for neglect.
    (a) The supervisor is the chief executive officer of the
township.
    (b) The supervisor shall receive and pay out all moneys
raised in the township for defraying township charges, except
those raised for the support of highways and bridges, and for
township library purposes.
    (c) The supervisor shall, within 30 days before the annual
township meeting, prepare and file with the township clerk a
full unaudited statement of the financial affairs of the
township, showing (i) the balance (if any) received by the
supervisor from his or her predecessor in office or from any
other source; (ii) the amount of tax levied the preceding year
for the payment of township indebtedness and charges; (iii) the
amount collected and paid over to the supervisor as supervisor;
(iv) the amount paid out by the supervisor and on what account,
including any amount paid out on township indebtedness,
specifying the nature and amount of the township indebtedness,
the amount paid on the indebtedness, the amount paid on
principal, and the amount paid on interest account; and (v) the
amount and kind of all outstanding indebtedness due and unpaid,
the amount and kind of indebtedness not yet due, and when the
indebtedness not yet due will mature. The township clerk shall
record the statement in the record book of the township as soon
as it is filed and shall post a copy of the statement at the
place of holding the annual township meeting 2 days before the
meeting is held. The clerk shall also read aloud the unaudited
statement or provide a copy of the unaudited statement to the
electors at the annual township meeting.
    (d) Any supervisor or township clerk who wilfully neglects
to comply with this Section shall forfeit and pay to the
township the sum of not less than $50 nor more than $200. The
amount forfeited shall be sued for and recovered by the
township in its corporate name and shall be appropriated to
repairs of highways and bridges in the township.
(Source: P.A. 90-655, eff. 7-30-98.)

Effective Date: 1/1/2015