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AGENDA PLANNING, BUILDING AND ZONING COMMITTEE Village of Hoffman Estates May 10, 2010, Immediately Following the Transportation & Road Improvement Committee Members:Gary Pilafs, Chairperson Cary
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What is summary statement - village?
The summary statement - village is a financial report that summarizes the revenues, expenditures, and financial position of a village for a specific period.
Who is required to file summary statement - village?
Villages are required to file the summary statement.
How to fill out summary statement - village?
The summary statement - village is typically filled out by the village treasurer or finance department following established accounting principles.
What is the purpose of summary statement - village?
The purpose of the summary statement - village is to provide transparency and accountability regarding the financial activities of the village to stakeholders.
What information must be reported on summary statement - village?
The summary statement - village must report revenues, expenditures, cash balances, and any other financial transactions of the village.
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