§ 52.041 SYSTEM OF ACCOUNTS; ANNUAL AUDIT.
   (A)   The Village Treasurer shall establish a proper system of accounts and shall keep proper books, records and accounts in which complete and correct entries shall be made of all transactions relative to the sewerage system. At regular annual intervals, he or she shall cause to be made an audit by an independent auditing concern of the books to show the receipts and disbursements of the sewerage system.
   (B)   The IEPA or its authorized representative shall have access to any books, documents, papers and records of the village which are applicable to the village system of user charges for the purpose of making audits, examinations, excerpts and transcriptions thereof to ensure compliance with the terms of the special and general conditions to any state grant.
(Ord. 4107, passed 6-20-2011)