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DCEO #1 (Revised 2/2017)INSTRUCTION SHEET TOWNSHIPS1.STATUTE REFERENCE The Municipal Budget Law (50 ILCS 330/1330/3) requires every Township to annually adopt a Budget & Appropriation Ordinance for
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Illinois Statutes Chapter 50 pertains to provisions related to public records, specifically addressing the regulations and requirements for filing financial statements and disclosures.
Entities such as local government officials, candidates for office, and certain public employees are required to file under Illinois statutes chapter 50.
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The purpose of Illinois statutes chapter 50 is to ensure transparency and accountability in the financial dealings of public officials and entities.
Information such as sources of income, amounts received, debts, and any potential conflicts of interest must be reported on Illinois statutes chapter 50.
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