093_SB1210 LRB093 05954 MKM 06051 b 1 AN ACT in relation to municipalities. 2 Be it enacted by the People of the State of Illinois, 3 represented in the General Assembly: 4 Section 5. The Illinois Municipal Code is amended by 5 changing Section 4-5-16 as follows: 6 (65 ILCS 5/4-5-16) (from Ch. 24, par. 4-5-16) 7 Sec. 4-5-16. Statement of receipts and expenses; 8 examination of books and accounts; expenditure greater than 9 appropriation. 10 (a) In municipalities with 25,00015,000or more 11 inhabitants, the council each month shall print in pamphlet 12 form, a detailed itemized statement of all receipts and 13 expenses of the municipality and a summary of its proceedings 14 during the preceding month. In municipalities with fewer than 15 25,00015,000inhabitants, the council shall print a similar 16 statement annually instead of monthly. The council shall 17 furnish printed copies of each statement to (i) the State 18 Library, (ii) the city library, (iii) all the daily and 19 weekly newspapers with a general circulation in the 20 municipality, and (iv) persons who apply for a copy at the 21 office of the municipal clerk. 22 (b) At the end of each fiscal year, the council shall 23 have competent accountants make a full and complete 24 examination of all books and accounts of the municipality and 25 shall distribute the result of that examination in the manner 26 provided in this Section. 27 (c) It is unlawful for the council or any commissioner 28 to expend, directly or indirectly, a greater amount for any 29 municipal purpose than the amount appropriated for that 30 purpose in the annual appropriation ordinance passed for that 31 fiscal year. A violation of this provision by any member of -2- LRB093 05954 MKM 06051 b 1 the council shall constitute a petty offense. 2 (Source: P.A. 87-1119.)