(30 ILCS 10/Art. 3 heading) ARTICLE 3.
FISCAL CONTROLS.
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(30 ILCS 10/3001) (from Ch. 15, par. 3001)
Sec. 3001.
Internal controls required.
All State agencies
shall
establish and maintain a system, or systems, of internal
fiscal and administrative controls, which shall provide
assurance that:
(1) resources are utilized efficiently, effectively, | ||
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(2) obligations and costs are in compliance with | ||
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(3) funds, property, and other assets and resources | ||
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(4) revenues, expenditures, and transfers of assets, | ||
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(5) funds held outside the State Treasury are | ||
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(Source: P.A. 86-936.)
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(30 ILCS 10/3002) (from Ch. 15, par. 3002)
Sec. 3002.
Certification guidelines for chief
executive officers.
(a) By the next March 1 after the date this Act takes effect, the
Comptroller, in consultation with the Director of
Central Management Services, shall establish
guidelines for:
(1) the evaluation by State agencies of their systems | ||
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(2) the certification by chief executive officers | ||
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(b) The guidelines must be approved by the Legislative Audit
Commission and may be modified, as needed, with the
Commission's approval.
(Source: P.A. 86-936.)
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(30 ILCS 10/3003) (from Ch. 15, par. 3003)
Sec. 3003.
Certification by chief executive
officers.
(a) By May 1 of each year, each chief executive officer
of all State agencies shall, on the basis of an evaluation
conducted in accordance with guidelines established under
Section 3002, prepare and transmit to the Auditor General a
certification that:
(1) the systems of internal fiscal and administrative | ||
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(2) the systems of internal fiscal and administrative | ||
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(b) If the systems do not fully
comply with the requirements of this Act, the certification shall include
a report describing any material weaknesses in the
systems of internal fiscal and administrative controls and the
plans and schedule for correcting the weaknesses, or a statement of the reasons
why the weaknesses cannot be corrected.
(Source: P.A. 86-936.)
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(30 ILCS 10/3004) (from Ch. 15, par. 3004)
Sec. 3004.
The Supreme Court will establish by its rulemaking
authority or by administrative order procedures to annually assess the
adequacy of internal controls for State-funded activities of the judicial
branch, using procedures consistent with the intent of this Article.
(Source: P.A. 86-936.)
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