Said Chairperson, within five months after May 1 in each year, shall make out an annual report for publication, giving a statement of all the receipts and revenues and expenditures of said city during the preceding year. Said report shall also detail the condition of all unexpended appropriations, the balance of money then remaining in the treasury, and all other matters necessary to exhibit the true financial condition of the village, which report, when examined and approved by the Village Board, shall be published by said Trustees without delay.
(1975 Code, § 4-115)