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Audited Financial Reports
Section 741.2 of the Local Government Act requires the board of trustees to appoint an auditor for the improvement district. The auditor must meet the requirements of Section 331(2) of the Local Government Act.
Section 741.1(5) of the Local Government Act requires the board of trustees to furnish the Inspector of Municipalities with a copy of the audited financial statements and other financial information required before May 15 each year. | 
