Auditors shall be elected for terms of three years, with one elected each year. They shall be responsible for the proper financial accountability of the Village, and for this purpose, all Village officers shall, within 20 days after the close of the fiscal year, submit to the auditors such reports, records and materials as the auditors require for the discharge of their duties. The auditors shall then proceed to examine and adjust the accounts of all Village officers and report their findings in writing, not later than 50 days after the close of the fiscal year. They shall cause their findings to be printed and made available to the voters. The auditors may employ the services of a certified public accountant at Village expense, for such purposes as they shall deem proper, should they believe there has been gross misuse of Village funds. (Added 1999, No. M-11 (Adj. Sess.), § 2, eff. May 9, 2000.)