As soon as practicable at the close of each fiscal year, and no later than 3 months thereafter, there shall be an audit of all accounts of the city made by a competent person authorized to act as an auditor under the laws or the state, to be designated by the City Council. Copies of the audit report shall be filed with the City Clerk who shall file the report with the auditor of public accounts and in such other places as may be required by law.
(1969 Code, § 2-11)
Statutory reference:
Similar provisions, see ILCS Chapter 65, Act 5, § 8-8-3