Event Details

Audit

Thursday, September 30, 2021 12:00 am - 11:55 pm

50 ILCS 310/6
60 ILCS 1/80-20

Last day for townships to file CPA audit with state comptroller’s office and county clerk. Townships receiving revenues of $850,000 or more for a fiscal year, exclusive of road district funds, must have CPA audit within 6 months from end of fiscal year. Townships receiving revenues of less than $850,000 for a fiscal year, exclusive of road district funds, may have a 3-member independent audit committee instead of CPA audit. Committee audit must be filed with county clerk within 6 months from end of fiscal year. CPA audit required at end of supervisor’s term or if vacancy occurs anytime in the position of supervisor.

50 ILCS 310/6

Last day for road districts to file CPA audit with state comptroller’s office and county clerk. Road districts receiving revenues of $850,000 or more for a fiscal year must have a CPA audit within 6 months from end of fiscal year.