2-12-5: ANNUAL AUDIT:
As soon as practicable at the close of each fiscal year and no later than six (6) months thereafter, there shall be an independent audit of all accounts of the village, conducted independently of the village treasurer, made by a competent person authorized to act as an auditor under the laws of the state, to be selected by the president and board of trustees. Copies of such audit report shall be filed with the village clerk as a public record of the village. (Ord. 2263, 12-7-1998)