(70 ILCS 3705/14)
(from Ch. 111 2/3, par. 201)
It shall be the duty of the board of trustees to install and
maintain a proper system of accounts showing receipts from operation and
the application of the same, and the board shall at least once a year cause
such accounts to be properly audited by a licensed Certified Public Accountant permitted to perform audits under the Illinois Public Accounting Act.
(Source: P.A. 94-465, eff. 8-4-05.)