105 ILCS 5/3-7
2021 Illinois Compiled Statutes|Chapter 105 - SCHOOLS|105 ILCS 5/ - School Code.|Article 3 - Regional Superintendent of Schools

 (from Ch. 122, par. 3-7)Sec. 3-7.     Failure to prepare and forward information.       If the trustees of schools of any township in Class II county school  units, or any school district which forms a part of a Class II county  school unit but which is not subject to the jurisdiction of the trustees of  schools of any township in which such district is located, or any  school district in any Class I county school units fail to  prepare and forward or cause to be prepared and forwarded to the regional  superintendent of schools, reports required by this Act, the regional  superintendent of schools shall furnish such information or he shall  employ a person or persons to furnish such information, as far as  practicable. Such person shall have access to the books, records and  papers of the school district to enable him or them to prepare such  reports, and the school district shall permit such person or persons to  examine such books, records and papers at such time and such place as  such person or persons may desire for the purpose aforesaid. For such  services the regional superintendent of schools shall bill the district an  amount to cover the cost of preparation of such reports if he employs a  person to prepare such reports.Each school district shall, as of June 30 of each year, cause an audit  of its accounts to be made by a person lawfully qualified to practice  public accounting as regulated by the Illinois Public Accounting Act.  Such  audit shall include financial statements of the district applicable to the  type of records required by other sections of this Act and in addition  shall set forth the scope of audit and shall include the professional  opinion signed by the auditor, or if such an opinion is denied by the  auditor, shall set forth the reasons for such denial.  Each school district  shall on or before October 15 of each year, submit an original and one copy  of such audit to the regional superintendent of schools in the educational  service region having jurisdiction in which case the regional  superintendent of schools shall be relieved of responsibility in regard to  the accounts of the school district.  If any school district fails to supply  the regional superintendent of schools with a copy of such audit report on  or before October 15, or within such time extended by the regional  superintendent of schools from that date, not to exceed 60 days, then it  shall be the responsibility of the regional superintendent of schools  having jurisdiction to cause such audit to be made by employing an  accountant licensed to practice in the State of Illinois to conduct such  audit and shall bill the district for such services, or shall with the  personnel of his office make such audit to his satisfaction and bill the  district for such service. In the latter case, if the audit is made by  personnel employed in the office of the regional superintendent of schools  having jurisdiction, then the regional superintendent of schools shall not  be relieved of the responsibility as to the accountability of the school  district. The copy of the audit shall be forwarded by the regional  superintendent to the State Board of Education on or before November 15 of  each year and shall be filed by the State Board of Education.Each school district that is the administrative district for several  school districts operating under a joint agreement as authorized by this  Act shall, as of June 30 each year, cause an audit of the accounts of the  joint agreement to be made by a person lawfully qualified to practice  public accounting as regulated by the Illinois Public Accounting Act.  Such  audit shall include financial statements of the operation of the joint  agreement applicable to the type of records required by this Act and, in  addition, shall set forth the scope of the audit and shall include the  professional opinion signed by the auditor, or if such an opinion is  denied, the auditor shall set forth the reason for such denial.  Each  administrative district of a joint agreement shall on or before October 15  each year, submit an original and one copy of such audit to the regional  superintendent of schools in the educational service region having  jurisdiction in which case the regional superintendent of schools shall be  relieved of responsibility in regard to the accounts of the joint  agreement.  The copy of the audit shall be forwarded by the regional  superintendent to the State Board of Education on or before November 15 of  each year and shall be filed by the State Board of Education.  The cost of  such an audit shall be apportioned among and paid by the several districts  who are parties to the joint agreement, in the same manner as  other costs and expenses accruing to the districts jointly.The State Board of Education shall determine the adequacy  of the audits. All audits shall be kept on file in the office of the  State Board of Education.    (Source: P.A. 86-1441; 87-473.)