IL HB5503

Auditors must provide copies of management letters and audited financial statements to all county board members within 60 days of completing a county audit.

County boards must post audit information to their website if one is maintained.

Auditors must present audit findings to the county board in person or via live phone/web connection during a public meeting.

The same audit disclosure requirements apply to municipalities, requiring auditors to provide management letters and audited financial statements to all corporate authority members within 60 days.

Municipalities must post audit information to their website if one is maintained, and auditors must present findings at a public meeting.