Within six months of the close of each fiscal year, Illinois Compiled Statutes require the municipal treasurer to publish an annual accounting of money received and expenditures/expenses incurred within the preceding fiscal year. This report includes vendors paid in excess of $2,500 as well as employee salaries and wages paid within specified ranges. This report must be published in a newspaper of general circulation and filed with the Cook County Treasurer's Office by October 31st of each year.
Public Act 097-0609, an amendment to the Illinois Open Meetings Act, requires the posting of employee compensation information within 6 business days following the adoption of its annual budget or appropriation. This Act became effective on January 11, 2012.