Annual Municipal Treasurer's Report
Within six months after the end of each fiscal year, the municipal treasurer must prepare a statement of receipts and disbursements. This statement is known as the "Annual Treasurer's Report" and its requirements are found in the Illinois Compiled Statutes 65 ILCS 5/3.1-35-65. The report is published annually in the local newspaper.
Each report contains the following information:
1. A summary of revenues, expenditures and changes in fund balance of the City's funds
2. A listing of all vendors receiving more than $2,500 by name and amount.
3. The total amount disbursed to vendors receiving under $2,500
4. The name and gross amount received in compensation by each elected official and employee