SB 4037

Amends the Township Code. In provisions concerning the audits of townships that receive revenue of less than $850,000 during any fiscal year, provides that, in addition to the other audit requirements imposed by law, the township boards shall have the accounts and all records of the township thoroughly audited by a certified public accountant or subjected to a financial statement review (rather than only by a certified public accountant) within 6 months after (i) the end of each term of office of the township supervisor and (ii) a vacancy occurs in the office of township supervisor. Makes conforming changes.