Each fiscal year, within 60 days of the close of an audit under this Division, the auditor conducting the audit of all of the funds and accounts of a county shall do each of the following:
         (1) Provide a copy of any management letter and a
    
copy of any audited financial statements to each member of the county board. If the county maintains an Internet website, the county board shall post this information to its website.
        (2) Present the information from the audit to the
    
county board either in person or by a live phone or web connection during a public meeting.

Terms Used In Illinois Compiled Statutes 55 ILCS 5/6-31012

  • Auditor: means a licensed certified public accountant, as that term is defined in Section 0. See Illinois Compiled Statutes 55 ILCS 5/6-31002
  • County board: means the board of county commissioners in counties not under township organization, and the board of supervisors in counties under township organization, and the board of commissioners of Cook County. See Illinois Compiled Statutes 5 ILCS 70/1.07
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Funds and accounts: means all funds of a county derived from property taxes and all funds and accounts derived from sources other than property taxes, including the receipts and expenditures of the fee earnings of each county fee officer;
         4. See Illinois Compiled Statutes 55 ILCS 5/6-31002
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