(40 ILCS 5/11-195)
(from Ch. 108 1/2, par. 11-195)
To submit an annual report.
To submit a report in July of each year to the city council of the city,
as of the close of business on December 31st of the preceding year. The
report shall contain a detailed statement of the affairs of the fund, its
income and expenditures, and assets and liabilities, and the status of the
several reserves. The city council shall have the power to require the
board to submit such report.
(Source: Laws 1963, p. 161.)