Late report statement
Example Township
Unit code 000/000/00 (fictional), Example County, Illinois. From the Comptroller's late list dated October 13, 2026.
SAMPLE
FICTIONAL
Late reports on the list
| Report | Final due date | Days late | Fee estimate |
|---|---|---|---|
| Fiscal 2025 annual financial report | Sept. 27, 2025 | 381 | US$7,170 |
| Fiscal 2024 annual financial report | Sept. 27, 2024 | 746 | no daily fee |
| Fiscal 2023 annual financial report | Sept. 27, 2023 | 1,112 | no daily fee |
Fee estimate so far, before any reduction, rising about US$20 a day while the fiscal 2025 report stays unfiled.
How we worked it out
Example Township's fiscal year ends March 31, so each report is due 180 days later, on September 27. No extension was requested. The law lets the Comptroller charge US$5 a day for days 1 to 15 past due, US$10 for days 16 to 30, US$15 for days 31 to 45 and US$20 from day 46, and to reduce those amounts. The Comptroller's fines FAQ says fees apply to fiscal 2025 reports and later. The 2023 and 2024 reports carry no daily fee, but they are still listed as late, and the Comptroller can order an audit of a unit whose reports stay unfiled and bill the unit for it.
What catching up takes
For each of the three years: bank statements, the treasurer's report, the budget or appropriation ordinance and the last report filed. Catch-up of up to three late years is a fixed US$2,000 to 4,500, quoted in writing before we start, invoiced after delivery, net 30.
Sources: the Comptroller's late list, the Comptroller's fines FAQ, 50 ILCS 310/4. Every fee figure is an estimate, before any reduction.